Truist Financial Corp Buys 10,881 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Truist Financial Corp grew its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 5.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 228,744 shares of the company’s stock after purchasing an additional 10,881 shares during the quarter. Truist Financial Corp owned approximately 0.79% of Vanguard Mega Cap ETF worth $48,645,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of MGC. Creative Planning raised its holdings in Vanguard Mega Cap ETF by 0.6% in the 3rd quarter. Creative Planning now owns 63,033 shares of the company’s stock worth $13,025,000 after acquiring an additional 387 shares during the period. Commonwealth Equity Services LLC grew its position in shares of Vanguard Mega Cap ETF by 4.7% in the third quarter. Commonwealth Equity Services LLC now owns 193,374 shares of the company’s stock valued at $39,959,000 after purchasing an additional 8,613 shares during the last quarter. Foundations Investment Advisors LLC increased its stake in shares of Vanguard Mega Cap ETF by 65.6% in the third quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the company’s stock worth $463,000 after purchasing an additional 888 shares during the period. Fortis Group Advisors LLC lifted its position in shares of Vanguard Mega Cap ETF by 4.0% during the 3rd quarter. Fortis Group Advisors LLC now owns 3,986 shares of the company’s stock worth $824,000 after purchasing an additional 153 shares during the last quarter. Finally, Warner Financial Inc. bought a new stake in Vanguard Mega Cap ETF during the 3rd quarter valued at approximately $210,000.

Vanguard Mega Cap ETF Stock Up 0.0 %

Shares of NYSEARCA MGC opened at $221.78 on Tuesday. Vanguard Mega Cap ETF has a 12 month low of $176.66 and a 12 month high of $222.01. The company has a market cap of $6.39 billion, a P/E ratio of 26.93 and a beta of 1.02. The business’s 50 day moving average is $217.01 and its two-hundred day moving average is $209.85.

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.