Hilltop Wealth Advisors LLC Has $2.90 Million Stock Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Hilltop Wealth Advisors LLC trimmed its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 13,635 shares of the company’s stock after selling 221 shares during the quarter. Vanguard Mega Cap ETF accounts for about 1.5% of Hilltop Wealth Advisors LLC’s holdings, making the stock its 16th largest position. Hilltop Wealth Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $2,900,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of MGC. Mesirow Financial Investment Management Inc. raised its holdings in shares of Vanguard Mega Cap ETF by 101.0% in the third quarter. Mesirow Financial Investment Management Inc. now owns 196,948 shares of the company’s stock valued at $40,698,000 after buying an additional 98,974 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of Vanguard Mega Cap ETF by 98.4% during the third quarter. Captrust Financial Advisors now owns 197,628 shares of the company’s stock worth $40,838,000 after purchasing an additional 97,999 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Vanguard Mega Cap ETF in the third quarter valued at approximately $16,907,000. International Assets Investment Management LLC increased its stake in shares of Vanguard Mega Cap ETF by 20,675.3% in the 3rd quarter. International Assets Investment Management LLC now owns 74,999 shares of the company’s stock valued at $15,498,000 after buying an additional 74,638 shares during the period. Finally, Apella Capital LLC raised its position in shares of Vanguard Mega Cap ETF by 14.8% during the third quarter. Apella Capital LLC now owns 441,217 shares of the company’s stock worth $90,220,000 after acquiring an additional 56,991 shares during the last quarter.

Vanguard Mega Cap ETF Stock Down 0.1 %

MGC stock traded down $0.18 during midday trading on Wednesday, reaching $213.51. The stock had a trading volume of 80,641 shares, compared to its average volume of 113,225. The firm 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 has a twelve month low of $168.08 and a twelve month high of $220.49. The business has a fifty day simple moving average of $214.81 and a two-hundred day simple moving average of $206.13.

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.