Vanguard Mega Cap ETF $MGC Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 437,692 shares of the company’s stock after buying an additional 4,105 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Mega Cap ETF were worth $103,449,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in shares of Vanguard Mega Cap ETF during the first quarter valued at approximately $27,000. Winch Advisory Services LLC purchased a new position in shares of Vanguard Mega Cap ETF in the first quarter valued at approximately $34,000. Blue Trust Inc. acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter worth approximately $48,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter worth approximately $48,000. Finally, SHP Wealth Management purchased a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth approximately $68,000.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA MGC opened at $273.66 on Thursday. The business has a fifty day moving average price of $273.57 and a 200 day moving average price of $258.85. Vanguard Mega Cap ETF has a one year low of $225.44 and a one year high of $280.10. The company has a market cap of $10.01 billion, a P/E ratio of 26.06 and a beta of 1.01.

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.