Mesirow Financial Investment Management Inc. Acquires 22,445 Shares of Vanguard Mega Cap ETF $MGC

Mesirow Financial Investment Management Inc. grew its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 21.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 129,288 shares of the company’s stock after acquiring an additional 22,445 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Vanguard Mega Cap ETF were worth $31,558,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MGC. Envestnet Asset Management Inc. increased its position in Vanguard Mega Cap ETF by 99.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,720,955 shares of the company’s stock valued at $420,068,000 after purchasing an additional 857,073 shares during the period. Orion Porfolio Solutions LLC boosted its stake in shares of Vanguard Mega Cap ETF by 577.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock valued at $235,127,000 after purchasing an additional 891,030 shares in the last quarter. New York Life Investment Management LLC increased its position 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 buying an additional 134,789 shares during the period. Vantagepoint Investment Advisers LLC bought a new position in Vanguard Mega Cap ETF in the third quarter worth about $161,189,000. Finally, Leavell Investment Management Inc. lifted its holdings in Vanguard Mega Cap ETF by 1.5% in the third quarter. Leavell Investment Management Inc. now owns 501,734 shares of the company’s stock worth $122,759,000 after buying an additional 7,571 shares during the period.

Vanguard Mega Cap ETF Stock Performance

Vanguard Mega Cap ETF stock opened at $252.25 on Thursday. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $255.75. The stock’s 50 day simple moving average is $251.90 and its two-hundred day simple moving average is $246.77. The stock has a market cap of $9.90 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01.

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.