US Bancorp DE Reduces Position in Vanguard Mega Cap ETF $MGC

US Bancorp DE cut its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,442 shares of the company’s stock after selling 958 shares during the quarter. US Bancorp DE’s holdings in Vanguard Mega Cap ETF were worth $2,124,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Mesirow Financial Investment Management Inc. lifted its holdings in Vanguard Mega Cap ETF by 2.1% during the first quarter. Mesirow Financial Investment Management Inc. now owns 105,178 shares of the company’s stock valued at $21,181,000 after purchasing an additional 2,159 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Vanguard Mega Cap ETF by 105.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 79,888 shares of the company’s stock valued at $16,088,000 after purchasing an additional 41,050 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new stake in shares of Vanguard Mega Cap ETF during the first quarter valued at about $323,000. Wooster Corthell Wealth Management Inc. increased its position in shares of Vanguard Mega Cap ETF by 0.5% during the first quarter. Wooster Corthell Wealth Management Inc. now owns 474,250 shares of the company’s stock valued at $95,505,000 after buying an additional 2,214 shares during the period. Finally, LPL Financial LLC increased its position in shares of Vanguard Mega Cap ETF by 2.5% during the first quarter. LPL Financial LLC now owns 440,223 shares of the company’s stock valued at $88,652,000 after buying an additional 10,778 shares during the period.

Vanguard Mega Cap ETF Stock Up 0.5%

Shares of MGC opened at $243.95 on Thursday. The business’s 50-day moving average price is $239.13 and its 200-day moving average price is $221.69. Vanguard Mega Cap ETF has a twelve month low of $173.32 and a twelve month high of $247.39. The stock has a market cap of $8.55 billion, a PE ratio of 26.06 and a beta of 1.00.

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.