Triad Wealth Partners LLC Buys 43,206 Shares of Vanguard Mega Cap ETF $MGC

Triad Wealth Partners LLC boosted its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 137.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,572 shares of the company’s stock after purchasing an additional 43,206 shares during the period. Vanguard Mega Cap ETF accounts for approximately 2.3% of Triad Wealth Partners LLC’s portfolio, making the stock its 9th biggest position. Triad Wealth Partners LLC owned about 0.21% of Vanguard Mega Cap ETF worth $18,202,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Pinnacle Financial Partners Inc grew its stake in shares of Vanguard Mega Cap ETF by 1.4% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 3,089 shares of the company’s stock valued at $754,000 after buying an additional 42 shares in the last quarter. AE Wealth Management LLC lifted its stake in Vanguard Mega Cap ETF by 5.5% in the second quarter. AE Wealth Management LLC now owns 1,105 shares of the company’s stock valued at $249,000 after acquiring an additional 58 shares during the last quarter. D.A. Davidson & CO. grew its position in Vanguard Mega Cap ETF by 1.4% in the second quarter. D.A. Davidson & CO. now owns 4,448 shares of the company’s stock worth $1,001,000 after acquiring an additional 60 shares in the last quarter. Financial Freedom LLC increased its stake in shares of Vanguard Mega Cap ETF by 0.6% during the 2nd quarter. Financial Freedom LLC now owns 10,197 shares of the company’s stock worth $2,294,000 after purchasing an additional 60 shares during the last quarter. Finally, Golden State Equity Partners raised its holdings in shares of Vanguard Mega Cap ETF by 6.6% during the 3rd quarter. Golden State Equity Partners now owns 1,089 shares of the company’s stock valued at $266,000 after purchasing an additional 67 shares in the last quarter.

Vanguard Mega Cap ETF Trading Up 1.0%

Shares of NYSEARCA:MGC opened at $250.29 on Thursday. The stock has a market capitalization of $9.82 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $255.60. The firm has a fifty day moving average price of $250.68 and a 200 day moving average price of $242.87.

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.