Calton & Associates Inc. Acquires 443 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Calton & Associates Inc. grew its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,917 shares of the company’s stock after purchasing an additional 443 shares during the quarter. Vanguard Mega Cap ETF makes up about 2.3% of Calton & Associates Inc.’s holdings, making the stock its 8th largest position. Calton & Associates Inc. owned 0.09% of Vanguard Mega Cap ETF worth $4,843,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in MGC. FMR LLC grew its holdings in shares of Vanguard Mega Cap ETF by 0.8% during the third quarter. FMR LLC now owns 16,226 shares of the company’s stock worth $2,464,000 after purchasing an additional 129 shares during the last quarter. Truist Financial Corp grew its holdings in shares of Vanguard Mega Cap ETF by 4.5% during the third quarter. Truist Financial Corp now owns 246,623 shares of the company’s stock worth $37,455,000 after purchasing an additional 10,549 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Vanguard Mega Cap ETF by 9.5% during the third quarter. Ameriprise Financial Inc. now owns 419,314 shares of the company’s stock worth $63,729,000 after purchasing an additional 36,284 shares during the last quarter. Lido Advisors LLC grew its holdings in shares of Vanguard Mega Cap ETF by 1.8% during the third quarter. Lido Advisors LLC now owns 11,352 shares of the company’s stock worth $1,724,000 after purchasing an additional 204 shares during the last quarter. Finally, LaSalle St. Investment Advisors LLC purchased a new position in shares of Vanguard Mega Cap ETF during the third quarter worth about $247,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC stock traded down $1.05 during mid-day trading on Friday, hitting $197.19. 77,681 shares of the stock were exchanged, compared to its average volume of 80,657. The stock’s fifty day simple moving average is $189.78 and its two-hundred day simple moving average is $181.83. The stock has a market capitalization of $5.68 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 12-month low of $145.94 and a 12-month high of $199.70.

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.