Northwestern Mutual Wealth Management Co. Sells 3,187 Shares of Vanguard Mega Cap ETF $MGC

Northwestern Mutual Wealth Management Co. lessened its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 233,151 shares of the company’s stock after selling 3,187 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.59% of Vanguard Mega Cap ETF worth $58,561,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Mega Cap ETF by 99.2% during the third quarter. Envestnet Asset Management Inc. now owns 1,720,955 shares of the company’s stock valued at $420,068,000 after acquiring an additional 857,073 shares in the last quarter. Orion Porfolio Solutions LLC raised its holdings in shares of Vanguard Mega Cap ETF by 577.3% during the second quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock valued at $235,127,000 after acquiring an additional 891,030 shares in the last quarter. New York Life Investment Management LLC raised its holdings in shares of Vanguard Mega Cap ETF by 23.4% during the third quarter. New York Life Investment Management LLC now owns 711,400 shares of the company’s stock valued at $173,646,000 after acquiring an additional 134,789 shares in the last quarter. UBS Group AG raised its holdings in shares of Vanguard Mega Cap ETF by 3.4% during the third quarter. UBS Group AG now owns 493,819 shares of the company’s stock valued at $120,536,000 after acquiring an additional 16,121 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its holdings in shares of Vanguard Mega Cap ETF by 0.6% during the fourth quarter. RiverFront Investment Group LLC now owns 485,141 shares of the company’s stock valued at $121,853,000 after acquiring an additional 3,019 shares in the last quarter.

Vanguard Mega Cap ETF Stock Up 0.3%

Shares of Vanguard Mega Cap ETF stock opened at $278.57 on Friday. The company has a market cap of $9.98 billion, a PE ratio of 26.06 and a beta of 1.01. The business has a 50 day moving average of $257.14 and a 200 day moving average of $252.59. Vanguard Mega Cap ETF has a 52 week low of $211.49 and a 52 week high of $279.31.

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.