Royal Bank of Canada Sells 17,208 Shares of Vanguard Mega Cap ETF $MGC

Royal Bank of Canada decreased its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 8.6% in the 1st quarter, Holdings Channel reports. The firm owned 182,215 shares of the company’s stock after selling 17,208 shares during the period. Royal Bank of Canada’s holdings in Vanguard Mega Cap ETF were worth $43,067,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of MGC. International Assets Investment Management LLC purchased a new stake in Vanguard Mega Cap ETF in the first quarter valued at approximately $27,000. Winch Advisory Services LLC purchased a new position in Vanguard Mega Cap ETF in the 1st quarter worth approximately $34,000. Blue Trust Inc. purchased a new position in Vanguard Mega Cap ETF in the 4th quarter worth approximately $48,000. Garton & Associates Financial Advisors LLC purchased a new position in Vanguard Mega Cap ETF in the 4th quarter worth approximately $48,000. Finally, SHP Wealth Management bought a new position in shares of Vanguard Mega Cap ETF in the 4th quarter worth $68,000.

Vanguard Mega Cap ETF Stock Performance

Vanguard Mega Cap ETF stock opened at $273.05 on Monday. The firm’s fifty day moving average price is $273.13 and its 200-day moving average price is $259.65. The stock has a market cap of $9.99 billion, a P/E ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a fifty-two week low of $225.44 and a fifty-two week high of $280.10.

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.