Centaurus Financial Inc. Cuts Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Centaurus Financial Inc. lessened its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,596 shares of the company’s stock after selling 279 shares during the period. Centaurus Financial Inc.’s holdings in Vanguard Mega Cap ETF were worth $536,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. PFG Private Wealth Management LLC bought a new position in Vanguard Mega Cap ETF in the second quarter worth approximately $31,000. Ashton Thomas Securities LLC purchased a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at $33,000. Hershey Financial Advisers LLC purchased a new position in shares of Vanguard Mega Cap ETF in the 2nd quarter valued at $36,000. Future Financial Wealth Managment LLC bought a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter worth $41,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter worth $71,000.

Vanguard Mega Cap ETF Price Performance

MGC opened at $215.88 on Wednesday. The firm has a market capitalization of $6.22 billion, a PE ratio of 26.93 and a beta of 1.02. The business’s 50-day moving average is $208.92 and its two-hundred day moving average is $200.76. Vanguard Mega Cap ETF has a 1 year low of $161.92 and a 1 year high of $216.39.

About Vanguard Mega Cap ETF

The Vanguard Mega Cap ETF (MGC) is an exchange-traded fund that is based on the CRSP US Mega Cap index, a market-cap-weighted index that covers 70% of the market capitalization of the US equity market. MGC was launched on Dec 24, 2007 and is managed by Vanguard.