Truist Financial Corp Decreases Stake in Vanguard Mega Cap ETF $MGC

Truist Financial Corp lessened its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 7.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 163,597 shares of the company’s stock after selling 12,262 shares during the period. Truist Financial Corp owned approximately 0.42% of Vanguard Mega Cap ETF worth $41,091,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of MGC. Collier Financial acquired a new position in Vanguard Mega Cap ETF during the 3rd quarter valued at approximately $37,000. Blue Trust Inc. acquired a new position in Vanguard Mega Cap ETF during the 4th quarter valued at approximately $48,000. Howe & Rusling Inc. acquired a new position in Vanguard Mega Cap ETF during the 3rd quarter valued at approximately $60,000. Bfsg LLC increased its stake in Vanguard Mega Cap ETF by 1,165.0% during the 3rd quarter. Bfsg LLC now owns 253 shares of the company’s stock valued at $62,000 after purchasing an additional 233 shares in the last quarter. Finally, GGM Financials LLC acquired a new position in Vanguard Mega Cap ETF during the 3rd quarter valued at approximately $77,000.

Vanguard Mega Cap ETF Trading Up 0.8%

Shares of Vanguard Mega Cap ETF stock opened at $264.90 on Wednesday. Vanguard Mega Cap ETF has a 12-month low of $200.84 and a 12-month high of $265.38. The firm has a market capitalization of $9.49 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The firm’s 50 day simple moving average is $247.68 and its two-hundred day simple moving average is $249.50.

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.