Vanguard Mega Cap ETF (NYSEARCA:MGC) Stake Cut by Hilltop Wealth Advisors LLC

Hilltop Wealth Advisors LLC lowered its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,635 shares of the company’s stock after selling 221 shares during the period. Vanguard Mega Cap ETF comprises about 1.5% of Hilltop Wealth Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Hilltop Wealth Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $2,900,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Foundations Investment Advisors LLC boosted its stake in shares of Vanguard Mega Cap ETF by 65.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the company’s stock worth $463,000 after acquiring an additional 888 shares in the last quarter. Stifel Financial Corp grew its position in Vanguard Mega Cap ETF by 2.9% during the third quarter. Stifel Financial Corp now owns 7,668 shares of the company’s stock worth $1,585,000 after buying an additional 217 shares in the last quarter. FMR LLC lifted its position in shares of Vanguard Mega Cap ETF by 3.5% in the 3rd quarter. FMR LLC now owns 22,727 shares of the company’s stock worth $4,696,000 after acquiring an additional 764 shares during the period. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter worth approximately $458,000. Finally, One Capital Management LLC increased its position in shares of Vanguard Mega Cap ETF by 6.8% during the second quarter. One Capital Management LLC now owns 176,088 shares of the company’s stock valued at $34,740,000 after purchasing an additional 11,181 shares during the period.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA MGC traded down $0.18 during trading hours on Wednesday, reaching $213.51. The stock had a trading volume of 80,641 shares, compared to its average volume of 113,225. Vanguard Mega Cap ETF has a twelve month low of $168.08 and a twelve month high of $220.49. The business’s fifty day moving average is $214.81 and its two-hundred day moving average is $206.13. The company has a market cap of $6.16 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02.

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.