Fifth Third Bancorp Sells 50 Shares of Vanguard Mega Cap ETF $MGC

Fifth Third Bancorp trimmed its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,243 shares of the company’s stock after selling 50 shares during the period. Fifth Third Bancorp’s holdings in Vanguard Mega Cap ETF were worth $504,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of MGC. NBC Securities Inc. boosted its holdings in shares of Vanguard Mega Cap ETF by 120,175.0% in the 1st quarter. NBC Securities Inc. now owns 4,811 shares of the company’s stock valued at $968,000 after buying an additional 4,807 shares in the last quarter. Brand Asset Management Group Inc. boosted its holdings in shares of Vanguard Mega Cap ETF by 7.4% in the 1st quarter. Brand Asset Management Group Inc. now owns 14,565 shares of the company’s stock valued at $2,933,000 after buying an additional 1,000 shares in the last quarter. Beacon Financial Group bought a new stake in shares of Vanguard Mega Cap ETF in the 1st quarter valued at about $3,465,000. Buttonwood Financial Group LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 162.2% in the 1st quarter. Buttonwood Financial Group LLC now owns 46,843 shares of the company’s stock valued at $8,892,000 after buying an additional 28,976 shares in the last quarter. Finally, Miracle Mile Advisors LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 1st quarter valued at about $240,000.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $243.03 on Tuesday. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $245.68. The stock has a market capitalization of $7.86 billion, a P/E ratio of 26.06 and a beta of 1.00. The company’s 50-day simple moving average is $235.67 and its 200-day simple moving average is $218.60.

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.