AlphaCore Capital LLC Trims Stock Position in Vanguard Mega Cap ETF $MGC

AlphaCore Capital LLC reduced its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 3.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 75,168 shares of the company’s stock after selling 2,571 shares during the quarter. AlphaCore Capital LLC owned 0.21% of Vanguard Mega Cap ETF worth $18,391,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of MGC. US Bancorp DE increased its holdings in shares of Vanguard Mega Cap ETF by 37.1% during the 3rd quarter. US Bancorp DE now owns 12,947 shares of the company’s stock valued at $3,160,000 after purchasing an additional 3,505 shares in the last quarter. Willow Creek Wealth Management Inc. purchased a new stake in Vanguard Mega Cap ETF during the third quarter worth $302,000. GGM Financials LLC acquired a new stake in Vanguard Mega Cap ETF during the third quarter valued at $77,000. Avant Capital LLC grew its position in Vanguard Mega Cap ETF by 7.7% during the third quarter. Avant Capital LLC now owns 1,596 shares of the company’s stock valued at $390,000 after buying an additional 114 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in Vanguard Mega Cap ETF by 14.3% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 83,092 shares of the company’s stock valued at $20,282,000 after buying an additional 10,383 shares in the last quarter.

Vanguard Mega Cap ETF Stock Up 1.0%

MGC stock opened at $252.25 on Thursday. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $255.75. The firm has a market cap of $9.90 billion, a P/E ratio of 26.06 and a beta of 1.01. The company’s 50-day simple moving average is $251.90 and its 200-day simple moving average is $246.77.

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.