Cassaday Boosts MGK Stake to 3.72M Shares

Cassaday & Co Wealth Management LLC expanded its holdings in Vanguard Mega Cap Growth ETF (MGK) in Q1, raising its stake 1.3% to 3,719,368 shares and lifting MGK to about 29.1% of its portfolio, valued at roughly $1.37 billion, making it the firm's largest position. In contrast, the firm trimmed its position in iShares Russell 1000 Value ETF (IWD) by 1.1% to 417,951 shares, about 1.9% of the portfolio and roughly $89.3 million, with IWD remaining the 13th largest holding amid broad institutional ownership. Cassaday also boosted its stake in iShares S&P Mid-Cap 400 Growth ETF (IJK) by 2.5% to 212,240 shares, representing around 0.5% of the portfolio and about $21.36 million. The firm significantly increased its position in iShares Bitcoin Trust ETF (IBIT) by 499.3% to 45,227 shares, worth about $1.74 million, reflecting a notable tilt toward cryptocurrency exposure. Collectively, these moves illustrate Cassaday’s active and diversified approach across growth, value, mid-cap, and digital-asset ETFs while maintaining a selective, concentrated footprint in several key holdings.