PNC Financial Services Group Inc. Has $83.26 Million Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

PNC Financial Services Group Inc. reduced its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 10.5% during the 3rd quarter, according to its most recent disclosure 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 period. PNC Financial Services Group Inc.’s holdings in Vanguard Mega Cap ETF were worth $83,264,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Foundations Investment Advisors LLC lifted its holdings in 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 valued at $463,000 after buying an additional 888 shares during the period. Vanguard Personalized Indexing Management LLC acquired a new stake in Vanguard Mega Cap ETF in the second quarter worth $458,000. Zhang Financial LLC raised its holdings in Vanguard Mega Cap ETF by 5.7% in the second quarter. Zhang Financial LLC now owns 24,734 shares of the company’s stock worth $4,880,000 after purchasing an additional 1,342 shares during the period. Brookstone Capital Management raised its holdings in Vanguard Mega Cap ETF by 25.4% in the second quarter. Brookstone Capital Management now owns 1,689 shares of the company’s stock worth $340,000 after purchasing an additional 342 shares during the period. Finally, One Capital Management LLC raised its holdings in Vanguard Mega Cap ETF by 6.8% in the second quarter. One Capital Management LLC now owns 176,088 shares of the company’s stock worth $34,740,000 after purchasing an additional 11,181 shares during the period.

Vanguard Mega Cap ETF Stock Performance

MGC opened at $212.83 on Wednesday. The firm’s fifty day moving average is $207.95 and its two-hundred day moving average is $199.96. The firm has a market cap of $6.14 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a twelve month low of $161.01 and a twelve month high of $216.39.

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.