First Citizens Bank & Trust Co. Sells 483 Shares of Vanguard Mega Cap ETF $MGC

First Citizens Bank & Trust Co. reduced its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 18.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,113 shares of the company’s stock after selling 483 shares during the period. First Citizens Bank & Trust Co.’s holdings in Vanguard Mega Cap ETF were worth $475,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Mega Cap ETF by 19.0% in the first quarter. Envestnet Asset Management Inc. now owns 522,390 shares of the company’s stock worth $105,199,000 after acquiring an additional 83,569 shares during the last quarter. Wooster Corthell Wealth Management Inc. raised its stake in shares of Vanguard Mega Cap ETF by 1.4% in the second quarter. Wooster Corthell Wealth Management Inc. now owns 481,051 shares of the company’s stock worth $108,198,000 after acquiring an additional 6,801 shares during the last quarter. Leavell Investment Management Inc. raised its stake in shares of Vanguard Mega Cap ETF by 2.3% in the first quarter. Leavell Investment Management Inc. now owns 480,962 shares of the company’s stock worth $96,856,000 after acquiring an additional 10,926 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Vanguard Mega Cap ETF by 2,183.2% during the 1st quarter. Jones Financial Companies Lllp now owns 476,255 shares of the company’s stock worth $95,908,000 after buying an additional 455,396 shares during the period. Finally, LPL Financial LLC grew its position in shares of Vanguard Mega Cap ETF by 2.5% during the 1st quarter. LPL Financial LLC now owns 440,223 shares of the company’s stock worth $88,652,000 after buying an additional 10,778 shares during the period.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA:MGC opened at $248.70 on Friday. Vanguard Mega Cap ETF has a one year low of $173.32 and a one year high of $249.14. The company has a 50 day moving average of $240.79 and a 200-day moving average of $224.60. The stock has a market cap of $8.71 billion, a price-to-earnings ratio of 26.06 and a beta of 1.00.

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.