Hollencrest Capital Management Reduces Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Hollencrest Capital Management decreased its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 5.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,091 shares of the company’s stock after selling 61 shares during the quarter. Hollencrest Capital Management’s holdings in Vanguard Mega Cap ETF were worth $232,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new stake in Vanguard Mega Cap ETF in the fourth quarter worth $29,000. Decker Retirement Planning Inc. purchased a new stake in Vanguard Mega Cap ETF in the fourth quarter worth $30,000. SBI Securities Co. Ltd. purchased a new stake in Vanguard Mega Cap ETF in the fourth quarter worth $31,000. Ashton Thomas Securities LLC purchased a new stake in Vanguard Mega Cap ETF in the third quarter worth $33,000. Finally, Key Financial Inc purchased a new stake in Vanguard Mega Cap ETF in the fourth quarter worth $40,000.

Vanguard Mega Cap ETF Trading Up 0.6 %

MGC opened at $202.06 on Thursday. The stock has a fifty day simple moving average of $215.77 and a two-hundred day simple moving average of $211.84. The company has a market cap of $6.21 billion, a price-to-earnings ratio of 27.81 and a beta of 1.01. Vanguard Mega Cap ETF has a 12-month low of $176.66 and a 12-month high of $222.75.

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.