FSA Wealth Partners Inc. Purchases 34,875 Shares of Vanguard Mega Cap ETF $MGC

FSA Wealth Partners Inc. grew its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC – Free Report) by 85.4% during the third quarter, Holdings Channel reports. The institutional investor owned 75,694 shares of the company’s stock after purchasing an additional 34,875 shares during the quarter. Vanguard Mega Cap ETF accounts for 5.8% of FSA Wealth Partners Inc.’s holdings, making the stock its 4th largest holding. FSA Wealth Partners Inc.’s holdings in Vanguard Mega Cap ETF were worth $21,369,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in MGC. Steph & Co. bought a new position in shares of Vanguard Mega Cap ETF in the third quarter worth $12,452,000. QRG Capital Management Inc. bought a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at $1,154,000. NewEdge Advisors LLC raised its stake in shares of Vanguard Mega Cap ETF by 172.4% during the 2nd quarter. NewEdge Advisors LLC now owns 30,685 shares of the company’s stock valued at $8,397,000 after purchasing an additional 19,419 shares during the period. Orser Capital Management LLC purchased a new stake in Vanguard Mega Cap ETF during the 2nd quarter worth about $1,126,000. Finally, Independent Financial Group LLC purchased a new stake in Vanguard Mega Cap ETF during the 1st quarter worth about $742,000.

Vanguard Mega Cap ETF Stock Up 0.7%

Shares of NYSEARCA MGC opened at $281.42 on Tuesday. Vanguard Mega Cap ETF has a 52 week low of $228.37 and a 52 week high of $289.10. The business has a 50-day simple moving average of $282.76 and a two-hundred day simple moving average of $266.45. The company has a market cap of $10.25 billion, a P/E ratio of 26.06 and a beta of 1.01.

About Vanguard Mega Cap ETF

(Free Report)

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.

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Want to see what other hedge funds are holding MGC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mega Cap ETF (NYSEARCA:MGC – Free Report).

Institutional Ownership by Quarter for Vanguard Mega Cap ETF (NYSEARCA:MGC)

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