Hubbell Strickland Wealth Management LLC Takes Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Hubbell Strickland Wealth Management LLC bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,336 shares of the company’s stock, valued at approximately $209,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of Vanguard Mega Cap ETF in the 1st quarter valued at $31,000. Country Trust Bank acquired a new stake in shares of Vanguard Mega Cap ETF in the 1st quarter valued at approximately $40,000. Fortis Capital Advisors LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter valued at approximately $40,000. Ruedi Wealth Management Inc. acquired a new stake in shares of Vanguard Mega Cap ETF in the 1st quarter valued at approximately $47,000. Finally, Sunbelt Securities Inc. acquired a new stake in shares of Vanguard Mega Cap ETF in the 1st quarter valued at approximately $48,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC traded down $1.16 during mid-day trading on Tuesday, reaching $157.19. The company had a trading volume of 8,665 shares, compared to its average volume of 73,505. The company’s 50 day simple moving average is $158.45 and its 200 day simple moving average is $150.49. Vanguard Mega Cap ETF has a 1-year low of $121.30 and a 1-year high of $162.29. The company has a market capitalization of $4.15 billion, a price-to-earnings ratio of 20.60 and a beta of 1.00.

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.