Cozad Asset Management Inc. Reduces Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Cozad Asset Management Inc. lessened its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 74,519 shares of the company’s stock after selling 495 shares during the quarter. Vanguard Mega Cap ETF comprises 1.5% of Cozad Asset Management Inc.’s holdings, making the stock its 12th largest position. Cozad Asset Management Inc. owned 0.28% of Vanguard Mega Cap ETF worth $12,615,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MGC. Compass Ion Advisors LLC grew its holdings in Vanguard Mega Cap ETF by 3.6% in the fourth quarter. Compass Ion Advisors LLC now owns 1,812 shares of the company’s stock valued at $307,000 after purchasing an additional 63 shares during the last quarter. DB Wealth Management Group LLC raised its stake in Vanguard Mega Cap ETF by 2.2% during the third quarter. DB Wealth Management Group LLC now owns 3,099 shares of the company’s stock worth $471,000 after acquiring an additional 66 shares during the period. Institute for Wealth Management LLC. increased its position in Vanguard Mega Cap ETF by 4.3% in the 4th quarter. Institute for Wealth Management LLC. now owns 2,043 shares of the company’s stock valued at $346,000 after acquiring an additional 84 shares during the period. Global Retirement Partners LLC lifted its holdings in shares of 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 buying an additional 93 shares during the period. Finally, PDS Planning Inc raised its holdings in Vanguard Mega Cap ETF by 6.6% during the 3rd quarter. PDS Planning Inc now owns 1,574 shares of the company’s stock worth $239,000 after buying an additional 97 shares during the period.

Vanguard Mega Cap ETF Price Performance

NYSEARCA:MGC traded down $1.37 during midday trading on Tuesday, reaching $181.06. The stock had a trading volume of 22,059 shares, compared to its average volume of 82,330. The firm’s fifty day simple moving average is $183.27 and its 200-day simple moving average is $171.77. Vanguard Mega Cap ETF has a 1-year low of $141.84 and a 1-year high of $187.68. The stock has a market capitalization of $5.22 billion, a P/E ratio of 27.80 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.