Vanguard Mega Cap ETF $MGC Stock Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. cut its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 94.4% in the 3rd quarter, Holdings Channel reports. The firm owned 2,933 shares of the company’s stock after selling 49,570 shares during the quarter. Fifth Third Securities Inc.’s holdings in Vanguard Mega Cap ETF were worth $828,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Vanguard Mega Cap ETF by 2.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,984 shares of the company’s stock worth $543,000 after purchasing an additional 39 shares during the last quarter. HBW Advisory Services LLC boosted its position in Vanguard Mega Cap ETF by 1.4% during the 3rd quarter. HBW Advisory Services LLC now owns 3,291 shares of the company’s stock valued at $929,000 after purchasing an additional 44 shares during the period. ZEGA Investments LLC boosted its position in Vanguard Mega Cap ETF by 4.7% during the 2nd quarter. ZEGA Investments LLC now owns 1,031 shares of the company’s stock valued at $282,000 after purchasing an additional 46 shares during the period. Salem Investment Counselors Inc. grew its stake in Vanguard Mega Cap ETF by 0.6% during the 3rd quarter. Salem Investment Counselors Inc. now owns 8,198 shares of the company’s stock worth $2,314,000 after buying an additional 46 shares during the last quarter. Finally, Whipplewood Advisors LLC grew its stake in Vanguard Mega Cap ETF by 1.4% during the 1st quarter. Whipplewood Advisors LLC now owns 3,327 shares of the company’s stock worth $786,000 after buying an additional 47 shares during the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA MGC opened at $280.68 on Friday. The firm has a market capitalization of $10.22 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 1-year low of $228.37 and a 1-year high of $289.10. The business’s fifty day moving average price is $282.88 and its two-hundred day moving average price is $274.48.

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.