PNC Financial Services Group Inc. raised its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 24.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 30,104 shares of the company’s stock after purchasing an additional 6,008 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Mega Cap ETF were worth $2,940,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Joseph P. Lucia & Associates LLC acquired a new stake in Vanguard Mega Cap ETF during the first quarter valued at approximately $58,000. Valley National Advisers Inc. grew its holdings in shares of Vanguard Mega Cap ETF by 56.9% during the fourth quarter. Valley National Advisers Inc. now owns 772 shares of the company’s stock valued at $67,000 after purchasing an additional 280 shares during the last quarter. Pinnacle Bank bought a new position in shares of Vanguard Mega Cap ETF during the fourth quarter valued at approximately $87,000. ERTS Wealth Advisors LLC bought a new position in shares of Vanguard Mega Cap ETF during the fourth quarter valued at approximately $90,000. Finally, Cetera Advisors LLC bought a new position in shares of Vanguard Mega Cap ETF during the first quarter valued at approximately $123,000.

Shares of NYSEARCA:MGC traded down $0.01 during trading on Wednesday, hitting $99.89. 509 shares of the company traded hands, compared to its average volume of 77,113. Vanguard Mega Cap ETF has a one year low of $81.19 and a one year high of $102.03.

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Institutional Ownership by Quarter for Vanguard Mega Cap ETF (NYSEARCA:MGC)

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