Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. reduced its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 47.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 103,019 shares of the company’s stock after selling 93,929 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Vanguard Mega Cap ETF were worth $21,908,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. New York Life Investment Management LLC grew its position in Vanguard Mega Cap ETF by 3.3% during the 4th quarter. New York Life Investment Management LLC now owns 536,666 shares of the company’s stock worth $114,127,000 after purchasing an additional 17,030 shares during the period. Leavell Investment Management Inc. boosted its stake in shares of Vanguard Mega Cap ETF by 3.3% during the 4th quarter. Leavell Investment Management Inc. now owns 470,036 shares of the company’s stock worth $99,958,000 after acquiring an additional 15,008 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter worth about $65,366,000. Truist Financial Corp boosted its stake in shares of Vanguard Mega Cap ETF by 5.0% during the 4th quarter. Truist Financial Corp now owns 228,744 shares of the company’s stock worth $48,645,000 after acquiring an additional 10,881 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. boosted its stake in shares of Vanguard Mega Cap ETF by 20.8% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 223,935 shares of the company’s stock worth $47,622,000 after acquiring an additional 38,563 shares in the last quarter.

Vanguard Mega Cap ETF Stock Down 1.9 %

MGC stock opened at $207.23 on Friday. The company’s 50-day simple moving average is $216.63 and its 200-day simple moving average is $211.69. Vanguard Mega Cap ETF has a 52-week low of $176.66 and a 52-week high of $222.75. The firm has a market cap of $6.37 billion, a P/E ratio of 27.81 and a beta of 1.01.

Vanguard Mega Cap ETF Company 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.