12,736 Shares of Vanguard Mega Cap ETF $MGC Acquired by Fortress Financial Solutions LLC

Fortress Financial Solutions LLC bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 12,736 shares of the company’s stock, valued at approximately $3,595,000. Vanguard Mega Cap ETF comprises approximately 3.1% of Fortress Financial Solutions LLC’s investment portfolio, making the stock its 11th biggest position.

Other hedge funds have also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new stake in shares of Vanguard Mega Cap ETF during the first quarter worth about $27,000. Winch Advisory Services LLC bought a new position in Vanguard Mega Cap ETF in the 1st quarter valued at approximately $34,000. SHP Wealth Management bought a new position in Vanguard Mega Cap ETF in the 4th quarter valued at approximately $68,000. Turtle Creek Wealth Advisors LLC bought a new position in Vanguard Mega Cap ETF in the 1st quarter valued at approximately $71,000. Finally, NBT Bank N A NY raised its holdings in Vanguard Mega Cap ETF by 49.0% in the 1st quarter. NBT Bank N A NY now owns 374 shares of the company’s stock valued at $88,000 after buying an additional 123 shares during the last quarter.

Vanguard Mega Cap ETF Trading Down 1.1%

NYSEARCA:MGC traded down $3.05 during mid-day trading on Wednesday, hitting $284.32. 80,841 shares of the company’s stock were exchanged, compared to its average volume of 122,377. The company has a 50 day simple moving average of $282.88 and a 200-day simple moving average of $272.12. Vanguard Mega Cap ETF has a fifty-two week low of $228.37 and a fifty-two week high of $289.10. The firm has a market capitalization of $10.35 billion, a P/E ratio of 26.06 and a beta of 1.01.

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.