Triad Wealth Partners LLC Increases Stock Position in Vanguard Mega Cap ETF $MGC

Triad Wealth Partners LLC raised its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 99.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,366 shares of the company’s stock after purchasing an additional 15,605 shares during the period. Vanguard Mega Cap ETF accounts for approximately 1.4% of Triad Wealth Partners LLC’s portfolio, making the stock its 19th largest holding. Triad Wealth Partners LLC owned approximately 0.10% of Vanguard Mega Cap ETF worth $7,055,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. TrueWealth Advisors LLC lifted its stake in shares of Vanguard Mega Cap ETF by 1.1% during the second quarter. TrueWealth Advisors LLC now owns 4,473 shares of the company’s stock valued at $1,006,000 after buying an additional 49 shares during the period. Fifth Third Securities Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 1.6% during the first quarter. Fifth Third Securities Inc. now owns 3,715 shares of the company’s stock valued at $748,000 after buying an additional 60 shares during the period. Prosperity Wealth Management Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 5.9% during the first quarter. Prosperity Wealth Management Inc. now owns 1,137 shares of the company’s stock valued at $229,000 after buying an additional 63 shares during the period. ZEGA Investments LLC lifted its stake in shares of Vanguard Mega Cap ETF by 4.9% during the first quarter. ZEGA Investments LLC now owns 1,432 shares of the company’s stock valued at $288,000 after buying an additional 67 shares during the period. Finally, Fiduciary Advisors Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 0.3% during the first quarter. Fiduciary Advisors Inc. now owns 23,431 shares of the company’s stock valued at $4,719,000 after buying an additional 70 shares during the period.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $245.24 on Friday. The company has a market capitalization of $8.25 billion, a price-to-earnings ratio of 26.06 and a beta of 1.00. The company’s 50 day simple moving average is $236.56 and its 200 day simple moving average is $219.23. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $245.93.

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.