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

Cozad Asset Management Inc. cut its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,961 shares of the company’s stock after selling 1,086 shares during the period. Vanguard Mega Cap ETF accounts for 1.4% of Cozad Asset Management Inc.’s investment portfolio, making the stock its 12th largest holding. Cozad Asset Management Inc.’s holdings in Vanguard Mega Cap ETF were worth $15,091,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MGC. New York Life Investment Management LLC grew its position in shares of Vanguard Mega Cap ETF by 3.3% in the 4th quarter. New York Life Investment Management LLC now owns 536,666 shares of the company’s stock valued at $114,127,000 after buying an additional 17,030 shares during the last quarter. Leavell Investment Management Inc. grew its position in shares of Vanguard Mega Cap ETF by 3.3% in the 4th quarter. Leavell Investment Management Inc. now owns 470,036 shares of the company’s stock valued at $99,958,000 after buying an additional 15,008 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Vanguard Mega Cap ETF by 1.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 410,655 shares of the company’s stock valued at $87,330,000 after buying an additional 7,712 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Mega Cap ETF in the 4th quarter valued at $65,366,000. Finally, Truist Financial Corp grew its position in shares of Vanguard Mega Cap ETF by 5.0% in the 4th quarter. Truist Financial Corp now owns 228,744 shares of the company’s stock valued at $48,645,000 after buying an additional 10,881 shares during the last quarter.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $203.45 on Monday. The firm’s fifty day moving average price is $215.07 and its 200 day moving average price is $211.83. The company has a market capitalization of $6.26 billion, a price-to-earnings ratio of 26.29 and a beta of 1.01. Vanguard Mega Cap ETF has a 12 month low of $176.66 and a 12 month high of $222.75.

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.