Truist Financial Corp Increases Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Truist Financial Corp grew its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 33.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 328,112 shares of the company’s stock after acquiring an additional 81,489 shares during the period. Truist Financial Corp owned about 1.24% of Vanguard Mega Cap ETF worth $55,543,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Simon Quick Advisors LLC lifted its position in shares of Vanguard Mega Cap ETF by 4.7% in the third quarter. Simon Quick Advisors LLC now owns 6,315 shares of the company’s stock worth $959,000 after buying an additional 281 shares in the last quarter. Jackson Wealth Management LLC lifted its position in shares of Vanguard Mega Cap ETF by 9.0% in the third quarter. Jackson Wealth Management LLC now owns 18,977 shares of the company’s stock worth $2,882,000 after buying an additional 1,570 shares in the last quarter. Annapolis Financial Services LLC lifted its position in shares of Vanguard Mega Cap ETF by 92.1% in the fourth quarter. Annapolis Financial Services LLC now owns 48,152 shares of the company’s stock worth $8,151,000 after buying an additional 23,081 shares in the last quarter. Modera Wealth Management LLC lifted its position in shares of Vanguard Mega Cap ETF by 6,409.4% in the third quarter. Modera Wealth Management LLC now owns 83,776 shares of the company’s stock worth $12,723,000 after buying an additional 82,489 shares in the last quarter. Finally, Physician Wealth Advisors Inc. lifted its position in shares of Vanguard Mega Cap ETF by 1.3% in the fourth quarter. Physician Wealth Advisors Inc. now owns 30,728 shares of the company’s stock worth $5,318,000 after buying an additional 388 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA MGC opened at $182.11 on Friday. The business’s 50 day moving average is $183.21 and its two-hundred day moving average is $171.46. Vanguard Mega Cap ETF has a 1-year low of $141.84 and a 1-year high of $187.68. The stock has a market capitalization of $5.25 billion, a P/E ratio of 27.80 and a beta of 1.01.

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.