Fifth Third Securities Inc. Has $777,000 Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Fifth Third Securities Inc. reduced its stake in shares of 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 SEC. The institutional investor 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 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. SOL Capital Management CO lifted its position in Vanguard Mega Cap ETF by 15.5% during the fourth quarter. SOL Capital Management CO now owns 3,721 shares of the company’s stock worth $791,000 after purchasing an additional 500 shares during the period. USAdvisors Wealth Management LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 2.5% during the 4th quarter. USAdvisors Wealth Management LLC now owns 20,786 shares of the company’s stock worth $4,420,000 after acquiring an additional 509 shares during the period. Strategic Blueprint LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 4.1% during the 4th quarter. Strategic Blueprint LLC now owns 35,022 shares of the company’s stock worth $7,448,000 after acquiring an additional 1,386 shares during the period. Parsons Capital Management Inc. RI increased its stake in Vanguard Mega Cap ETF by 13.1% in the fourth quarter. Parsons Capital Management Inc. RI now owns 4,269 shares of the company’s stock valued at $908,000 after acquiring an additional 495 shares during the last quarter. Finally, West Wealth Group LLC raised its position in Vanguard Mega Cap ETF by 9.7% during the fourth quarter. West Wealth Group LLC now owns 12,579 shares of the company’s stock valued at $2,675,000 after purchasing an additional 1,109 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $218.37 on Friday. The business has a fifty day moving average price of $216.45 and a two-hundred day moving average price of $208.04. The stock has a market capitalization of $6.30 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a fifty-two week low of $173.01 and a fifty-two week high of $221.53.

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.