Vanguard Mega Cap ETF $MGC Stock Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. cut its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 11.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 148,676 shares of the company’s stock after selling 19,806 shares during the period. Mesirow Financial Investment Management Inc. owned approximately 0.41% of Vanguard Mega Cap ETF worth $41,972,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of MGC. Lido Advisors LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the 3rd quarter worth approximately $2,875,000. Keybank National Association OH acquired a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $458,000. New York Life Investment Management LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $217,175,000. AlphaCore Capital LLC grew its holdings in shares of Vanguard Mega Cap ETF by 3.8% in the 3rd quarter. AlphaCore Capital LLC now owns 61,432 shares of the company’s stock worth $17,343,000 after acquiring an additional 2,258 shares during the period. Finally, StoneX Group Inc. acquired a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $3,792,000.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $274.37 on Wednesday. Vanguard Mega Cap ETF has a 1-year low of $228.37 and a 1-year high of $289.10. The company has a market capitalization of $10.00 billion, a P/E ratio of 26.06 and a beta of 1.01. The business has a 50 day moving average price of $281.87 and a 200 day moving average price of $267.78.

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.