Cassaday & Co Wealth Management LLC Raises Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Cassaday & Co Wealth Management LLC grew its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 15.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 5,226 shares of the company’s stock after acquiring an additional 697 shares during the quarter. Cassaday & Co Wealth Management LLC’s holdings in Vanguard Mega Cap ETF were worth $1,080,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. PFG Private Wealth Management LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at about $31,000. Ashton Thomas Securities LLC bought a new stake in Vanguard Mega Cap ETF during the third quarter worth approximately $33,000. Hershey Financial Advisers LLC purchased a new stake in Vanguard Mega Cap ETF during the second quarter valued at approximately $36,000. Future Financial Wealth Managment LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at approximately $41,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Vanguard Mega Cap ETF in the 2nd quarter worth approximately $71,000.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $210.88 on Monday. The firm has a market capitalization of $6.08 billion, a PE ratio of 26.93 and a beta of 1.02. The stock’s fifty day moving average is $207.34 and its 200 day moving average is $199.54. Vanguard Mega Cap ETF has a fifty-two week low of $160.20 and a fifty-two week high of $216.39.

About Vanguard Mega Cap ETF

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.