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

Mesirow Financial Investment Management Inc. trimmed its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 97,974 shares of the company’s stock after selling 61 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Vanguard Mega Cap ETF were worth $19,331,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Global Assets Advisory LLC acquired a new position in Vanguard Mega Cap ETF in the 1st quarter worth approximately $52,361,000. Liberty Wealth Management LLC purchased a new stake in Vanguard Mega Cap ETF in the 2nd quarter worth about $30,741,000. Envestnet Asset Management Inc. boosted its position in Vanguard Mega Cap ETF by 18.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 503,356 shares of the company’s stock worth $85,208,000 after acquiring an additional 79,645 shares during the period. Apella Capital LLC increased its holdings in shares of Vanguard Mega Cap ETF by 27.5% in the 1st quarter. Apella Capital LLC now owns 320,332 shares of the company’s stock valued at $59,447,000 after purchasing an additional 69,092 shares during the period. Finally, Cetera Investment Advisers grew its position in Vanguard Mega Cap ETF by 549.2% during the first quarter. Cetera Investment Advisers now owns 79,497 shares of the company’s stock valued at $14,856,000 after purchasing an additional 67,252 shares in the last quarter.

Vanguard Mega Cap ETF Stock Up 0.4 %

Shares of NYSEARCA:MGC opened at $202.41 on Monday. The firm has a fifty day moving average of $198.36 and a two-hundred day moving average of $191.69. Vanguard Mega Cap ETF has a 12-month low of $145.94 and a 12-month high of $204.72. The firm has a market capitalization of $5.84 billion, a P/E ratio of 26.93 and a beta of 1.02.

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.