Vanguard Mega Cap ETF (NYSEARCA:MGC) Holdings Decreased by Verus Financial Partners Inc.

Verus Financial Partners Inc. reduced its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 224,212 shares of the company’s stock after selling 578 shares during the period. Vanguard Mega Cap ETF accounts for about 4.8% of Verus Financial Partners Inc.’s portfolio, making the stock its 8th largest position. Verus Financial Partners Inc.’s holdings in Vanguard Mega Cap ETF were worth $39,188,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. New York Life Investment Management LLC boosted its position in shares of Vanguard Mega Cap ETF by 14.3% during the fourth quarter. New York Life Investment Management LLC now owns 473,152 shares of the company’s stock valued at $80,095,000 after purchasing an additional 59,183 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Vanguard Mega Cap ETF by 1.8% during the third quarter. PNC Financial Services Group Inc. now owns 427,324 shares of the company’s stock valued at $64,898,000 after purchasing an additional 7,443 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Vanguard Mega Cap ETF by 9.5% during the third quarter. Ameriprise Financial Inc. now owns 419,314 shares of the company’s stock valued at $63,729,000 after purchasing an additional 36,284 shares in the last quarter. Leavell Investment Management Inc. boosted its position in shares of Vanguard Mega Cap ETF by 0.5% during the fourth quarter. Leavell Investment Management Inc. now owns 399,255 shares of the company’s stock valued at $67,586,000 after purchasing an additional 2,050 shares in the last quarter. Finally, Truist Financial Corp boosted its position in shares of Vanguard Mega Cap ETF by 33.0% during the fourth quarter. Truist Financial Corp now owns 328,112 shares of the company’s stock valued at $55,543,000 after purchasing an additional 81,489 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA MGC traded up $0.45 during mid-day trading on Thursday, hitting $185.73. 23,568 shares of the stock traded hands, compared to its average volume of 82,777. Vanguard Mega Cap ETF has a 52 week low of $143.98 and a 52 week high of $187.68. The company has a market cap of $5.35 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. The stock has a fifty day moving average price of $183.51 and a 200-day moving average price of $173.07.

About Vanguard Mega Cap ETF

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.