Vanguard Mega Cap ETF $MGC Holdings Trimmed by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lowered its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGCFree Report) by 69.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,442 shares of the company’s stock after selling 163,896 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Mega Cap ETF were worth $18,195,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Collier Financial acquired a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $37,000. Blue Trust Inc. acquired a new position in shares of Vanguard Mega Cap ETF in the 4th quarter worth approximately $48,000. Howe & Rusling Inc. acquired a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $60,000. GGM Financials LLC acquired a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $77,000. Finally, Sound Income Strategies LLC grew its stake in shares of Vanguard Mega Cap ETF by 816.0% in the 4th quarter. Sound Income Strategies LLC now owns 458 shares of the company’s stock worth $116,000 after purchasing an additional 408 shares during the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of MGC opened at $272.98 on Thursday. The firm’s 50 day moving average is $252.71 and its 200-day moving average is $251.32. The stock has a market capitalization of $9.78 billion, a P/E ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 12-month low of $208.51 and a 12-month high of $275.97.

Vanguard Mega Cap ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Vanguard Mega Cap ETF (NYSEARCA:MGC)

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