Hollencrest Capital Management Acquires 1,146 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Hollencrest Capital Management increased its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 19,100.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,152 shares of the company’s stock after buying an additional 1,146 shares during the period. Hollencrest Capital Management’s holdings in Vanguard Mega Cap ETF were worth $227,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MGC. Cassaday & Co Wealth Management LLC increased its stake in shares of Vanguard Mega Cap ETF by 9.3% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,876 shares of the company’s stock valued at $318,000 after buying an additional 160 shares during the period. Nations Financial Group Inc. IA ADV increased its holdings in shares of Vanguard Mega Cap ETF by 0.7% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 9,541 shares of the company’s stock valued at $1,615,000 after purchasing an additional 62 shares in the last quarter. Principal Securities Inc. acquired a new position in shares of Vanguard Mega Cap ETF in the 4th quarter valued at $55,000. VitalStone Financial LLC raised its position in shares of Vanguard Mega Cap ETF by 17.7% in the fourth quarter. VitalStone Financial LLC now owns 1,177 shares of the company’s stock worth $199,000 after acquiring an additional 177 shares during the period. Finally, Zhang Financial LLC raised its stake in shares of Vanguard Mega Cap ETF by 5.7% during the 2nd quarter. Zhang Financial LLC now owns 24,734 shares of the company’s stock worth $4,880,000 after buying an additional 1,342 shares during the period.

Vanguard Mega Cap ETF Price Performance

Shares of MGC stock opened at $205.55 on Friday. The firm’s 50-day moving average is $198.40 and its two-hundred day moving average is $192.13. The company has a market capitalization of $5.93 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 12 month low of $145.94 and a 12 month high of $206.33.

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.