Apexium Financial LP Has $2.59 Million Stock Holdings in Vanguard Mega Cap ETF $MGC

Apexium Financial LP cut its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 18.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,492 shares of the company’s stock after selling 2,592 shares during the period. Apexium Financial LP’s holdings in Vanguard Mega Cap ETF were worth $2,591,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. TrueWealth Advisors LLC raised its position in Vanguard Mega Cap ETF by 1.1% during the second quarter. TrueWealth Advisors LLC now owns 4,473 shares of the company’s stock valued at $1,006,000 after buying an additional 49 shares during the period. Fifth Third Securities Inc. grew its stake in Vanguard Mega Cap ETF by 1.6% in the first quarter. Fifth Third Securities Inc. now owns 3,715 shares of the company’s stock valued at $748,000 after purchasing an additional 60 shares in the last quarter. Prosperity Wealth Management Inc. grew its stake in Vanguard Mega Cap ETF by 5.9% in the first quarter. Prosperity Wealth Management Inc. now owns 1,137 shares of the company’s stock valued at $229,000 after purchasing an additional 63 shares in the last quarter. ZEGA Investments LLC grew its stake in Vanguard Mega Cap ETF by 4.9% in the first quarter. ZEGA Investments LLC now owns 1,432 shares of the company’s stock valued at $288,000 after purchasing an additional 67 shares in the last quarter. Finally, Fiduciary Advisors Inc. grew its stake in Vanguard Mega Cap ETF by 0.3% in the first quarter. Fiduciary Advisors Inc. now owns 23,431 shares of the company’s stock valued at $4,719,000 after purchasing an additional 70 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA MGC opened at $245.08 on Friday. The business’s 50-day moving average price is $236.83 and its two-hundred day moving average price is $219.53. Vanguard Mega Cap ETF has a one year low of $173.32 and a one year high of $246.31. The company has a market capitalization of $8.24 billion, a P/E ratio of 26.06 and a beta of 1.00.

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.