Security Financial Services INC. Sells 31,655 Shares of Vanguard Mega Cap ETF $MGC

Security Financial Services INC. lessened its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 83.5% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,262 shares of the company’s stock after selling 31,655 shares during the period. Security Financial Services INC.’s holdings in Vanguard Mega Cap ETF were worth $1,480,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of Vanguard Mega Cap ETF by 0.4% during the first quarter. Bank of America Corp DE now owns 1,561,792 shares of the company’s stock valued at $369,130,000 after acquiring an additional 5,869 shares during the last quarter. Orion Porfolio Solutions LLC boosted its position in Vanguard Mega Cap ETF by 577.3% in the second quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock worth $235,127,000 after purchasing an additional 891,030 shares during the last quarter. Morgan Stanley boosted its position in Vanguard Mega Cap ETF by 3.1% in the fourth quarter. Morgan Stanley now owns 594,721 shares of the company’s stock worth $149,376,000 after purchasing an additional 17,646 shares during the last quarter. Wells Fargo & Company MN grew its stake in Vanguard Mega Cap ETF by 3.8% in the 4th quarter. Wells Fargo & Company MN now owns 590,775 shares of the company’s stock valued at $148,385,000 after purchasing an additional 21,811 shares during the period. Finally, UBS Group AG grew its stake in Vanguard Mega Cap ETF by 3.4% in the 3rd quarter. UBS Group AG now owns 493,819 shares of the company’s stock valued at $120,536,000 after purchasing an additional 16,121 shares during the period.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $273.05 on Friday. The stock has a market capitalization of $9.99 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a one year low of $225.44 and a one year high of $280.10. The business’s fifty day moving average is $273.13 and its 200-day moving average is $259.62.

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.