First Western Trust Bank Takes Position in Vanguard Mega Cap ETF $MGC

First Western Trust Bank bought a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 958 shares of the company’s stock, valued at approximately $215,000.

Other large investors have also recently bought and sold shares of the company. Nwam LLC purchased a new position in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at $224,000. Alpha Cubed Investments LLC boosted its stake in Vanguard Mega Cap ETF by 13.5% during the second quarter. Alpha Cubed Investments LLC now owns 1,285 shares of the company’s stock valued at $289,000 after buying an additional 153 shares during the period. Allworth Financial LP grew its position in Vanguard Mega Cap ETF by 211.5% during the second quarter. Allworth Financial LP now owns 5,813 shares of the company’s stock worth $1,308,000 after buying an additional 3,947 shares in the last quarter. Summit X LLC grew its position in Vanguard Mega Cap ETF by 529.8% during the second quarter. Summit X LLC now owns 6,298 shares of the company’s stock worth $1,416,000 after buying an additional 5,298 shares in the last quarter. Finally, Prospera Financial Services Inc increased its stake in Vanguard Mega Cap ETF by 4.8% in the 2nd quarter. Prospera Financial Services Inc now owns 15,047 shares of the company’s stock worth $3,384,000 after acquiring an additional 685 shares during the last quarter.

Vanguard Mega Cap ETF Stock Up 0.0%

NYSEARCA:MGC opened at $251.76 on Thursday. The stock has a market cap of $8.82 billion, a P/E ratio of 26.06 and a beta of 1.01. The business’s 50-day moving average price is $245.07 and its two-hundred day moving average price is $230.10. Vanguard Mega Cap ETF has a twelve month low of $173.32 and a twelve month high of $254.46.

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.