Hantz Financial Services Inc. Takes $647,000 Position in Vanguard Mega Cap ETF $MGC

Hantz Financial Services Inc. bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,576 shares of the company’s stock, valued at approximately $647,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clune & Associates LTD. purchased a new stake in Vanguard Mega Cap ETF in the fourth quarter valued at approximately $328,000. Coldstream Capital Management Inc. raised its position in Vanguard Mega Cap ETF by 5.5% in the fourth quarter. Coldstream Capital Management Inc. now owns 29,845 shares of the company’s stock valued at $7,496,000 after purchasing an additional 1,567 shares during the period. Signature Estate & Investment Advisors LLC raised its position in Vanguard Mega Cap ETF by 3.0% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 1,690 shares of the company’s stock valued at $424,000 after purchasing an additional 50 shares during the period. Global Retirement Partners LLC raised its position in Vanguard Mega Cap ETF by 26.3% in the fourth quarter. Global Retirement Partners LLC now owns 2,034 shares of the company’s stock valued at $511,000 after purchasing an additional 423 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in Vanguard Mega Cap ETF by 2.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 433,587 shares of the company’s stock valued at $108,904,000 after purchasing an additional 10,606 shares during the period.

Vanguard Mega Cap ETF Stock Up 0.7%

Shares of NYSEARCA MGC opened at $277.86 on Friday. The firm has a market cap of $9.95 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 52-week low of $211.49 and a 52-week high of $277.92. The business’s 50 day moving average is $256.39 and its two-hundred day moving average is $252.41.

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.