Truist Financial Corp cut its position in Vanguard Mega Cap ETF (NYSEARCA:MGC – Free Report) by 2.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 318,748 shares of the company’s stock after selling 8,096 shares during the period. Truist Financial Corp’s holdings in Vanguard Mega Cap ETF were worth $62,886,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. PFG Private Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at $31,000. Voisard Asset Management Group Inc. bought a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter valued at $30,000. Hershey Financial Advisers LLC bought a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at $36,000. Future Financial Wealth Managment LLC bought a new stake in shares of Vanguard Mega Cap ETF during the 1st quarter valued at $37,000. Finally, Acima Private Wealth LLC bought a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter valued at $40,000.
Vanguard Mega Cap ETF Price Performance
Shares of MGC stock opened at $204.58 on Wednesday. The company has a market capitalization of $5.90 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a one year low of $145.94 and a one year high of $206.99. The company’s fifty day moving average price is $199.02 and its 200-day moving average price is $193.36.
About Vanguard Mega Cap ETF
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.
Further Reading
- Five stocks we like better than Vanguard Mega Cap ETF
- The 3 Best Blue-Chip Stocks to Buy Now
- Why Lennar Stock Could Be the Best Play in the Housing Market
- P/E Ratio Calculation: How to Assess Stocks
- 2 Energy Stocks Fueling the AI Datacenter Boom
- Roth IRA Calculator: Calculate Your Potential Returns
- Will Marinus Pharmaceuticals Be the Next Big Winner in Biotech?
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).
Receive News & Ratings for Vanguard Mega Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mega Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.