Pinnacle Bancorp Inc. Increases Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Pinnacle Bancorp Inc. boosted its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1,968.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,068 shares of the company’s stock after purchasing an additional 1,968 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in Vanguard Mega Cap ETF were worth $427,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Fisher Asset Management LLC increased its stake in Vanguard Mega Cap ETF by 4.2% during the fourth quarter. Fisher Asset Management LLC now owns 1,595 shares of the company’s stock worth $270,000 after acquiring an additional 65 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Vanguard Mega Cap ETF by 18.3% during the second quarter. Larson Financial Group LLC now owns 421 shares of the company’s stock worth $83,000 after buying an additional 65 shares during the period. Certified Advisory Corp lifted its holdings in Vanguard Mega Cap ETF by 0.8% during the second quarter. Certified Advisory Corp now owns 9,156 shares of the company’s stock worth $1,806,000 after buying an additional 73 shares during the period. LongView Wealth Management lifted its holdings in Vanguard Mega Cap ETF by 1.2% during the first quarter. LongView Wealth Management now owns 6,506 shares of the company’s stock worth $1,216,000 after buying an additional 78 shares during the period. Finally, Ancora Advisors LLC boosted its position in shares of Vanguard Mega Cap ETF by 1.3% in the 1st quarter. Ancora Advisors LLC now owns 6,368 shares of the company’s stock worth $1,190,000 after purchasing an additional 80 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

Vanguard Mega Cap ETF stock opened at $207.63 on Friday. The stock has a market capitalization of $5.99 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. The business has a fifty day moving average price of $200.54 and a 200-day moving average price of $194.37. Vanguard Mega Cap ETF has a 1-year low of $145.94 and a 1-year high of $208.13.

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.