Calton & Associates Inc. Has $9.20 Million Stock Position in Vanguard Mega Cap ETF $MGC

Calton & Associates Inc. increased its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 22.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,696 shares of the company’s stock after purchasing an additional 7,011 shares during the period. Vanguard Mega Cap ETF makes up approximately 1.4% of Calton & Associates Inc.’s investment portfolio, making the stock its 15th largest holding. Calton & Associates Inc. owned about 0.11% of Vanguard Mega Cap ETF worth $9,201,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Kilter Group LLC acquired a new position in shares of Vanguard Mega Cap ETF during the 2nd quarter worth about $26,000. St. Johns Investment Management Company LLC acquired a new position in Vanguard Mega Cap ETF during the second quarter valued at approximately $34,000. Collier Financial bought a new stake in Vanguard Mega Cap ETF in the third quarter valued at approximately $37,000. Howe & Rusling Inc. acquired a new stake in Vanguard Mega Cap ETF in the third quarter worth $60,000. Finally, Bfsg LLC raised its holdings in Vanguard Mega Cap ETF by 1,165.0% in the third quarter. Bfsg LLC now owns 253 shares of the company’s stock worth $62,000 after purchasing an additional 233 shares during the period.

Vanguard Mega Cap ETF Stock Down 0.2%

Shares of MGC stock opened at $247.66 on Friday. Vanguard Mega Cap ETF has a 12-month low of $173.32 and a 12-month high of $255.75. The firm has a fifty day moving average of $252.11 and a 200-day moving average of $245.69. The firm has a market capitalization of $9.72 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01.

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.