PNC Financial Services Group Inc. Grows Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

PNC Financial Services Group Inc. grew its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 410,655 shares of the company’s stock after acquiring an additional 7,712 shares during the period. PNC Financial Services Group Inc. owned about 1.42% of Vanguard Mega Cap ETF worth $87,330,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Concurrent Investment Advisors LLC purchased a new position in Vanguard Mega Cap ETF during the third quarter worth approximately $597,000. Galvin Gaustad & Stein LLC purchased a new position in shares of Vanguard Mega Cap ETF during the 3rd quarter valued at approximately $207,000. Verus Financial Partners Inc. grew its stake in Vanguard Mega Cap ETF by 0.4% in the 3rd quarter. Verus Financial Partners Inc. now owns 223,343 shares of the company’s stock valued at $45,691,000 after acquiring an additional 822 shares during the period. Atria Investments Inc increased its holdings in Vanguard Mega Cap ETF by 15.7% in the 3rd quarter. Atria Investments Inc now owns 18,286 shares of the company’s stock worth $3,779,000 after acquiring an additional 2,488 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. raised its position in Vanguard Mega Cap ETF by 101.0% during the third quarter. Mesirow Financial Investment Management Inc. now owns 196,948 shares of the company’s stock worth $40,698,000 after acquiring an additional 98,974 shares during the period.

Vanguard Mega Cap ETF Stock Up 0.5 %

MGC opened at $208.23 on Friday. The company has a market cap of $6.40 billion, a PE ratio of 27.81 and a beta of 1.01. Vanguard Mega Cap ETF has a twelve month low of $176.66 and a twelve month high of $222.75. The company has a 50-day moving average price of $216.24 and a 200 day moving average price of $211.70.

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.