HB Wealth Management LLC Has $11.70 Million Stock Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

HB Wealth Management LLC increased its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,002 shares of the company’s stock after acquiring an additional 147 shares during the quarter. HB Wealth Management LLC owned about 0.19% of Vanguard Mega Cap ETF worth $11,697,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Larson Financial Group LLC grew its stake in shares of Vanguard Mega Cap ETF by 12.6% during the third quarter. Larson Financial Group LLC now owns 474 shares of the company’s stock worth $98,000 after purchasing an additional 53 shares during the period. Diversify Advisory Services LLC grew its position in shares of Vanguard Mega Cap ETF by 3.2% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,880 shares of the company’s stock worth $396,000 after buying an additional 58 shares during the period. Zega Financial LLC increased its stake in shares of Vanguard Mega Cap ETF by 5.6% in the 3rd quarter. Zega Financial LLC now owns 1,290 shares of the company’s stock valued at $267,000 after acquiring an additional 68 shares during the last quarter. Certified Advisory Corp raised its position in shares of Vanguard Mega Cap ETF by 0.8% in the 2nd quarter. Certified Advisory Corp now owns 9,156 shares of the company’s stock valued at $1,806,000 after acquiring an additional 73 shares during the period. Finally, Nations Financial Group Inc. IA ADV increased its stake in Vanguard Mega Cap ETF by 0.8% in the third quarter. Nations Financial Group Inc. IA ADV now owns 9,382 shares of the company’s stock valued at $1,939,000 after purchasing an additional 76 shares in the last quarter.

Vanguard Mega Cap ETF Trading Up 1.2 %

Shares of MGC stock traded up $2.47 on Friday, hitting $216.45. The stock had a trading volume of 89,521 shares, compared to its average volume of 131,775. The firm has a market cap of $6.24 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a twelve month low of $169.24 and a twelve month high of $220.49. The company has a fifty day moving average price of $215.40 and a two-hundred day moving average price of $206.87.

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.