Apella Capital LLC Has $56.37 Million Holdings in Vanguard Mega Cap ETF $MGC

Apella Capital LLC trimmed its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.9% during the first quarter, Holdings Channel.com reports. The fund owned 217,337 shares of the company’s stock after selling 23,754 shares during the quarter. Vanguard Mega Cap ETF accounts for about 0.8% of Apella Capital LLC’s holdings, making the stock its 25th biggest position. Apella Capital LLC’s holdings in Vanguard Mega Cap ETF were worth $56,369,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Blue Trust Inc. bought a new stake in Vanguard Mega Cap ETF in the 4th quarter valued at about $48,000. Garton & Associates Financial Advisors LLC bought a new position in shares of Vanguard Mega Cap ETF during the fourth quarter worth approximately $48,000. SHP Wealth Management acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $68,000. GGM Financials LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the third quarter valued at approximately $77,000. Finally, Entrust Financial LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $102,000.

Vanguard Mega Cap ETF Trading Down 0.3%

Shares of MGC stock opened at $268.34 on Thursday. The stock has a market cap of $9.61 billion, a P/E ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 1 year low of $220.88 and a 1 year high of $280.10. The stock has a 50 day simple moving average of $269.34 and a 200 day simple moving average of $255.79.

Vanguard Mega Cap ETF Company 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.