Vanguard Mega Cap ETF $MGC Shares Bought by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. grew its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 106,843 shares of the company’s stock after purchasing an additional 1,665 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Vanguard Mega Cap ETF were worth $24,031,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. TrueWealth Advisors LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 1.1% in the 2nd quarter. TrueWealth Advisors LLC now owns 4,473 shares of the company’s stock valued at $1,006,000 after buying an additional 49 shares during the period. Fifth Third Securities Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 1.6% in the 1st quarter. Fifth Third Securities Inc. now owns 3,715 shares of the company’s stock worth $748,000 after acquiring an additional 60 shares during the period. D.A. Davidson & CO. lifted its stake in shares of Vanguard Mega Cap ETF by 1.4% in the 2nd quarter. D.A. Davidson & CO. now owns 4,448 shares of the company’s stock worth $1,001,000 after acquiring an additional 60 shares during the period. ZEGA Investments LLC boosted its stake in Vanguard Mega Cap ETF by 4.9% during the first quarter. ZEGA Investments LLC now owns 1,432 shares of the company’s stock valued at $288,000 after buying an additional 67 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its stake in Vanguard Mega Cap ETF by 0.8% during the first quarter. Nations Financial Group Inc. IA ADV now owns 9,328 shares of the company’s stock valued at $1,879,000 after buying an additional 76 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $250.77 on Friday. The company’s 50 day simple moving average is $242.34 and its 200 day simple moving average is $226.22. Vanguard Mega Cap ETF has a 12 month low of $173.32 and a 12 month high of $254.46. The company has a market capitalization of $8.78 billion, a P/E ratio of 26.06 and a beta of 1.01.

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.