New York Life Investment Management LLC Has $80.10 Million Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

New York Life Investment Management LLC increased its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 14.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 473,152 shares of the company’s stock after buying an additional 59,183 shares during the quarter. Vanguard Mega Cap ETF accounts for approximately 0.8% of New York Life Investment Management LLC’s investment portfolio, making the stock its 24th largest position. New York Life Investment Management LLC owned approximately 1.79% of Vanguard Mega Cap ETF worth $80,095,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Key Financial Inc bought a new stake in Vanguard Mega Cap ETF in the fourth quarter valued at approximately $29,000. Baystate Wealth Management LLC bought a new stake in Vanguard Mega Cap ETF in the fourth quarter valued at approximately $79,000. Global Retirement Partners LLC boosted its holdings in Vanguard Mega Cap ETF by 17.1% in the fourth quarter. Global Retirement Partners LLC now owns 637 shares of the company’s stock valued at $108,000 after acquiring an additional 93 shares during the last quarter. MGO One Seven LLC bought a new stake in Vanguard Mega Cap ETF in the third quarter valued at approximately $202,000. Finally, Well Done LLC bought a new stake in Vanguard Mega Cap ETF in the fourth quarter valued at approximately $215,000.

Vanguard Mega Cap ETF Trading Down 0.4 %

MGC stock traded down $0.79 during mid-day trading on Wednesday, reaching $178.88. The company’s stock had a trading volume of 144,982 shares, compared to its average volume of 83,539. Vanguard Mega Cap ETF has a 12 month low of $141.84 and a 12 month high of $187.68. The business’s 50 day moving average price is $183.30 and its 200 day moving average price is $171.95. The company has a market cap of $5.16 billion, a price-to-earnings ratio of 27.80 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.