Hobart Private Capital LLC Invests $4.54 Million in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Hobart Private Capital LLC bought a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 26,826 shares of the company’s stock, valued at approximately $4,541,000. Vanguard Mega Cap ETF makes up about 1.5% of Hobart Private Capital LLC’s portfolio, making the stock its 20th largest position. Hobart Private Capital LLC owned approximately 0.10% of Vanguard Mega Cap ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Well Done LLC bought a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth about $215,000. CMC Financial Group bought a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth about $1,583,000. Flagship Private Wealth LLC purchased a new position in Vanguard Mega Cap ETF during the fourth quarter worth about $216,000. Blackston Financial Advisory Group LLC purchased a new position in Vanguard Mega Cap ETF during the fourth quarter worth about $941,000. Finally, HBW Advisory Services LLC boosted its holdings in Vanguard Mega Cap ETF by 43.2% during the fourth quarter. HBW Advisory Services LLC now owns 15,174 shares of the company’s stock worth $2,569,000 after purchasing an additional 4,575 shares during the last quarter.

Vanguard Mega Cap ETF Stock Up 0.7 %

Vanguard Mega Cap ETF stock traded up $1.28 during midday trading on Wednesday, hitting $187.03. 83,217 shares of the stock were exchanged, compared to its average volume of 86,335. Vanguard Mega Cap ETF has a 52-week low of $137.66 and a 52-week high of $187.68. The stock has a market capitalization of $4.93 billion, a price-to-earnings ratio of 20.60 and a beta of 1.00. The business’s 50-day moving average price is $179.98 and its 200-day moving average price is $166.96.

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.