Vanguard Mega Cap ETF (NYSEARCA:MGC) Stock Holdings Lessened by Pacific Sun Financial Corp

Pacific Sun Financial Corp cut its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,541 shares of the company’s stock after selling 50 shares during the quarter. Pacific Sun Financial Corp’s holdings in Vanguard Mega Cap ETF were worth $540,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Golden State Wealth Management LLC acquired a new position in shares of Vanguard Mega Cap ETF in the 4th quarter valued at $29,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard Mega Cap ETF during the fourth quarter valued at about $30,000. Ashton Thomas Securities LLC acquired a new position in shares of Vanguard Mega Cap ETF in the third quarter worth about $33,000. Key Financial Inc acquired a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth about $40,000. Finally, Tsfg LLC purchased a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth approximately $42,000.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA:MGC opened at $222.69 on Thursday. The firm has a 50 day simple moving average of $217.15 and a 200 day simple moving average of $210.16. Vanguard Mega Cap ETF has a 52 week low of $176.66 and a 52 week high of $222.75. The company has a market cap of $6.42 billion, a PE ratio of 26.93 and a beta of 1.02.

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.