Hobart Private Capital LLC Has $279,000 Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Hobart Private Capital LLC trimmed its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 15.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,314 shares of the company’s stock after selling 233 shares during the quarter. Hobart Private Capital LLC’s holdings in Vanguard Mega Cap ETF were worth $279,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Apollon Wealth Management LLC acquired a new position in Vanguard Mega Cap ETF in the fourth quarter valued at $259,000. Golden State Wealth Management LLC bought a new position in shares of Vanguard Mega Cap ETF in the 4th quarter worth about $29,000. Silver Oak Securities Incorporated acquired a new position in shares of Vanguard Mega Cap ETF in the 4th quarter valued at about $192,000. Bleakley Financial Group LLC bought a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter valued at about $209,000. Finally, Onyx Bridge Wealth Group LLC acquired a new stake in Vanguard Mega Cap ETF during the fourth quarter worth approximately $203,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $217.86 on Friday. The firm has a market cap of $6.28 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 52-week low of $176.49 and a 52-week high of $221.53. The business’s 50 day moving average price is $216.76 and its two-hundred day moving average price is $208.65.

Vanguard Mega Cap ETF 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.