Zhang Financial LLC Has $3.23 Million Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Zhang Financial LLC raised its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 19,056 shares of the company’s stock after buying an additional 387 shares during the quarter. Zhang Financial LLC’s holdings in Vanguard Mega Cap ETF were worth $3,226,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Key Financial Inc bought a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter worth $29,000. Cornerstone Planning Group LLC acquired a new position in Vanguard Mega Cap ETF in the 2nd quarter worth about $30,000. Ameritas Investment Partners Inc. acquired a new position in Vanguard Mega Cap ETF in the 2nd quarter worth about $31,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in Vanguard Mega Cap ETF in the 3rd quarter worth about $33,000. Finally, Fortis Capital Advisors LLC acquired a new position in Vanguard Mega Cap ETF in the 4th quarter worth about $40,000.

Vanguard Mega Cap ETF Trading Down 0.8 %

MGC traded down $1.47 on Friday, reaching $177.61. The stock had a trading volume of 76,658 shares, compared to its average volume of 84,079. Vanguard Mega Cap ETF has a fifty-two week low of $141.58 and a fifty-two week high of $187.68. The firm has a 50-day moving average of $183.15 and a 200-day moving average of $170.18. The company has a market capitalization of $5.12 billion, a price-to-earnings ratio of 27.80 and a beta of 1.01.

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.