PNC Financial Services Group Inc. Sells 47,338 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

PNC Financial Services Group Inc. lessened its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 10.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 402,943 shares of the company’s stock after selling 47,338 shares during the quarter. PNC Financial Services Group Inc. owned about 1.40% of Vanguard Mega Cap ETF worth $83,264,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of MGC. O Shaughnessy Asset Management LLC raised its holdings in Vanguard Mega Cap ETF by 42.0% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,368 shares of the company’s stock worth $816,000 after acquiring an additional 1,293 shares during the period. EP Wealth Advisors LLC raised its holdings in Vanguard Mega Cap ETF by 58.3% in the 1st quarter. EP Wealth Advisors LLC now owns 1,944 shares of the company’s stock worth $363,000 after acquiring an additional 716 shares during the period. Cadence Bank raised its holdings in Vanguard Mega Cap ETF by 0.7% in the 1st quarter. Cadence Bank now owns 425,246 shares of the company’s stock worth $79,466,000 after acquiring an additional 3,101 shares during the period. Ancora Advisors LLC increased its holdings in shares of Vanguard Mega Cap ETF by 1.3% during the 1st quarter. Ancora Advisors LLC now owns 6,368 shares of the company’s stock worth $1,190,000 after purchasing an additional 80 shares during the period. Finally, Coppell Advisory Solutions Corp. bought a new position in shares of Vanguard Mega Cap ETF during the 1st quarter worth about $1,734,000.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $212.83 on Wednesday. The firm’s 50-day moving average is $207.95 and its 200-day moving average is $199.96. Vanguard Mega Cap ETF has a 52-week low of $161.01 and a 52-week high of $216.39. The company has a market cap of $6.14 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02.

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.