McAdam LLC Cuts Position in Vanguard Mega Cap ETF $MGC

McAdam LLC cut its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 7.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,977 shares of the company’s stock after selling 170 shares during the quarter. McAdam LLC’s holdings in Vanguard Mega Cap ETF were worth $445,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Harbor Investment Advisory LLC purchased a new position in Vanguard Mega Cap ETF in the second quarter worth $27,000. POM Investment Strategies LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the 1st quarter worth $52,000. NorthRock Partners LLC purchased a new position in Vanguard Mega Cap ETF during the 1st quarter worth $56,000. Golden State Wealth Management LLC grew its stake in Vanguard Mega Cap ETF by 137.0% during the 1st quarter. Golden State Wealth Management LLC now owns 320 shares of the company’s stock worth $64,000 after buying an additional 185 shares during the last quarter. Finally, Dagco Inc. acquired a new position in Vanguard Mega Cap ETF during the 1st quarter valued at about $79,000.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA MGC opened at $241.94 on Friday. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $245.68. The company has a market cap of $7.82 billion, a PE ratio of 26.06 and a beta of 1.00. The business has a 50-day simple moving average of $235.09 and a two-hundred day simple moving average of $217.78.

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.