Fifth Third Securities Inc. Sells 233 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Fifth Third Securities Inc. reduced its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,655 shares of the company’s stock after selling 233 shares during the quarter. Fifth Third Securities Inc.’s holdings in Vanguard Mega Cap ETF were worth $777,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Decker Retirement Planning Inc. bought a new position in shares of Vanguard Mega Cap ETF during the fourth quarter worth approximately $30,000. Ashton Thomas Securities LLC bought a new position in Vanguard Mega Cap ETF during the 3rd quarter worth $33,000. Future Financial Wealth Managment LLC bought a new position in Vanguard Mega Cap ETF during the 3rd quarter worth $41,000. Tsfg LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth $42,000. Finally, Larson Financial Group LLC boosted its position in shares of Vanguard Mega Cap ETF by 12.6% in the third quarter. Larson Financial Group LLC now owns 474 shares of the company’s stock valued at $98,000 after acquiring an additional 53 shares during the period.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $218.37 on Friday. Vanguard Mega Cap ETF has a 52 week low of $173.01 and a 52 week high of $221.53. The firm’s 50-day simple moving average is $216.45 and its 200 day simple moving average is $208.04. The firm has a market cap of $6.30 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02.

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.