New York Life Investment Management LLC lessened its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC – Free Report) by 1.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 704,229 shares of the company’s stock after selling 7,171 shares during the period. Vanguard Mega Cap ETF comprises approximately 1.5% of New York Life Investment Management LLC’s holdings, making the stock its 13th biggest position. New York Life Investment Management LLC owned approximately 1.80% of Vanguard Mega Cap ETF worth $176,881,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in MGC. National Wealth Management Group LLC raised its stake in Vanguard Mega Cap ETF by 2.6% during the 4th quarter. National Wealth Management Group LLC now owns 1,568 shares of the company’s stock worth $394,000 after acquiring an additional 40 shares during the period. Brooklyn FI LLC raised its stake in Vanguard Mega Cap ETF by 0.7% during the 4th quarter. Brooklyn FI LLC now owns 6,453 shares of the company’s stock worth $1,621,000 after acquiring an additional 42 shares during the period. Pinnacle Financial Partners Inc. raised its stake in Vanguard Mega Cap ETF by 1.4% during the 3rd quarter. Pinnacle Financial Partners Inc. now owns 3,089 shares of the company’s stock worth $754,000 after acquiring an additional 42 shares during the period. Keystone Financial Group raised its stake in Vanguard Mega Cap ETF by 2.8% during the 3rd quarter. Keystone Financial Group now owns 1,666 shares of the company’s stock worth $407,000 after acquiring an additional 46 shares during the period. Finally, Savant Capital LLC raised its stake in Vanguard Mega Cap ETF by 0.4% during the 3rd quarter. Savant Capital LLC now owns 12,410 shares of the company’s stock worth $3,029,000 after acquiring an additional 51 shares during the period.
Vanguard Mega Cap ETF Trading Up 0.9%
NYSEARCA MGC opened at $275.55 on Friday. Vanguard Mega Cap ETF has a 12 month low of $208.51 and a 12 month high of $275.97. The stock has a market cap of $9.87 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The company’s 50 day moving average is $250.76 and its two-hundred day moving average is $250.77.
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.
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