Cassaday & Co Wealth Management LLC Increases Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Cassaday & Co Wealth Management LLC increased its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,876 shares of the company’s stock after buying an additional 160 shares during the quarter. Cassaday & Co Wealth Management LLC’s holdings in Vanguard Mega Cap ETF were worth $318,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of MGC. Janney Montgomery Scott LLC increased its holdings in Vanguard Mega Cap ETF by 0.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 50,337 shares of the company’s stock worth $7,645,000 after buying an additional 308 shares during the period. HighTower Advisors LLC grew its stake in shares of Vanguard Mega Cap ETF by 2.8% during the 3rd quarter. HighTower Advisors LLC now owns 21,881 shares of the company’s stock worth $3,320,000 after purchasing an additional 603 shares during the period. One Capital Management LLC grew its stake in shares of Vanguard Mega Cap ETF by 18.5% during the 3rd quarter. One Capital Management LLC now owns 42,001 shares of the company’s stock worth $6,379,000 after purchasing an additional 6,545 shares during the period. USAdvisors Wealth Management LLC grew its stake in shares of Vanguard Mega Cap ETF by 12.3% during the 3rd quarter. USAdvisors Wealth Management LLC now owns 9,931 shares of the company’s stock worth $1,508,000 after purchasing an additional 1,084 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of Vanguard Mega Cap ETF by 1.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 427,324 shares of the company’s stock worth $64,898,000 after purchasing an additional 7,443 shares during the period.

Vanguard Mega Cap ETF Stock Up 0.0 %

Shares of NYSEARCA MGC traded up $0.02 during midday trading on Friday, reaching $192.63. 76,514 shares of the stock were exchanged, compared to its average volume of 83,028. The firm has a market cap of $5.55 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a twelve month low of $145.94 and a twelve month high of $193.53. The firm has a 50-day simple moving average of $185.64 and a two-hundred day simple moving average of $178.41.

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.