B. Riley Wealth Advisors Inc. Lowers Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

B. Riley Wealth Advisors Inc. trimmed its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 13.4% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 18,306 shares of the company’s stock after selling 2,842 shares during the period. B. Riley Wealth Advisors Inc. owned 0.06% of Vanguard Mega Cap ETF worth $3,623,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Focus Financial Network Inc. ADV purchased a new stake in Vanguard Mega Cap ETF during the 4th quarter valued at approximately $333,000. Cetera Advisor Networks LLC raised its stake in shares of Vanguard Mega Cap ETF by 2.7% during the fourth quarter. Cetera Advisor Networks LLC now owns 58,691 shares of the company’s stock worth $9,935,000 after purchasing an additional 1,564 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Mega Cap ETF by 18.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 503,356 shares of the company’s stock worth $85,208,000 after purchasing an additional 79,645 shares during the period. Waterloo Capital L.P. purchased a new position in Vanguard Mega Cap ETF in the 4th quarter valued at $317,000. Finally, Cassaday & Co Wealth Management LLC increased its stake in Vanguard Mega Cap ETF by 9.3% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,876 shares of the company’s stock valued at $318,000 after buying an additional 160 shares during the period.

Vanguard Mega Cap ETF Stock Performance

Shares of Vanguard Mega Cap ETF stock opened at $206.64 on Tuesday. Vanguard Mega Cap ETF has a one year low of $145.94 and a one year high of $206.99. The company has a market cap of $5.96 billion, a P/E ratio of 26.93 and a beta of 1.02. The firm has a fifty day moving average of $198.89 and a two-hundred day moving average of $193.20.

Vanguard Mega Cap ETF Profile

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.