Calton & Associates Inc. Decreases Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Calton & Associates Inc. cut its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 32.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,936 shares of the company’s stock after selling 7,958 shares during the quarter. Vanguard Mega Cap ETF comprises approximately 1.3% of Calton & Associates Inc.’s investment portfolio, making the stock its 15th biggest position. Calton & Associates Inc. owned about 0.06% of Vanguard Mega Cap ETF worth $3,500,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Fisher Asset Management LLC increased its position in shares of Vanguard Mega Cap ETF by 4.2% in the 4th quarter. Fisher Asset Management LLC now owns 1,595 shares of the company’s stock valued at $270,000 after purchasing an additional 65 shares during the last quarter. First Financial Corp IN acquired a new position in Vanguard Mega Cap ETF during the first quarter worth $1,512,000. Flagstar Advisors Inc. raised its stake in shares of Vanguard Mega Cap ETF by 13.3% during the 1st quarter. Flagstar Advisors Inc. now owns 2,260 shares of the company’s stock worth $422,000 after buying an additional 266 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new position in shares of Vanguard Mega Cap ETF during the 1st quarter worth approximately $37,000. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Vanguard Mega Cap ETF by 5.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 38,520 shares of the company’s stock worth $7,198,000 after purchasing an additional 1,903 shares during the last quarter.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC traded down $1.04 during mid-day trading on Tuesday, hitting $209.19. The company’s stock had a trading volume of 1,665 shares, compared to its average volume of 78,381. The stock’s fifty day simple moving average is $203.35 and its two-hundred day simple moving average is $195.65. The firm has a market capitalization of $6.03 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 52-week low of $145.94 and a 52-week high of $210.83.

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.