Triad Wealth Partners LLC Trims Stake in Vanguard Mega Cap ETF $MGC

Triad Wealth Partners LLC reduced its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 98.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,222 shares of the company’s stock after selling 92,899 shares during the quarter. Triad Wealth Partners LLC’s holdings in Vanguard Mega Cap ETF were worth $289,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its stake in shares of Vanguard Mega Cap ETF by 312.6% in the first quarter. Jane Street Group LLC now owns 9,799 shares of the company’s stock worth $1,973,000 after purchasing an additional 7,424 shares in the last quarter. Marshall Wace LLP purchased a new position in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at $905,000. Raymond James Financial Inc. boosted its holdings in Vanguard Mega Cap ETF by 31.8% in the 2nd quarter. Raymond James Financial Inc. now owns 401,214 shares of the company’s stock worth $90,241,000 after buying an additional 96,754 shares during the period. Garden State Investment Advisory Services LLC boosted its holdings in Vanguard Mega Cap ETF by 12.4% in the 2nd quarter. Garden State Investment Advisory Services LLC now owns 1,364 shares of the company’s stock worth $307,000 after buying an additional 150 shares during the period. Finally, IHT Wealth Management LLC increased its stake in Vanguard Mega Cap ETF by 1.8% in the 2nd quarter. IHT Wealth Management LLC now owns 5,744 shares of the company’s stock worth $1,292,000 after buying an additional 100 shares in the last quarter.

Vanguard Mega Cap ETF Stock Down 1.5%

NYSEARCA:MGC opened at $269.03 on Wednesday. The business’s 50-day simple moving average is $268.97 and its two-hundred day simple moving average is $255.68. The stock has a market cap of $9.63 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 52 week low of $219.76 and a 52 week high of $280.10.

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.