Koshinski Asset Management Inc. Buys New Position in Vanguard Mega Cap ETF $MGC

Koshinski Asset Management Inc. bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the second quarter, Holdings Channel reports. The fund bought 1,071 shares of the company’s stock, valued at approximately $241,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. TrueWealth Advisors LLC grew its position in Vanguard Mega Cap ETF by 1.1% in the 2nd quarter. TrueWealth Advisors LLC now owns 4,473 shares of the company’s stock valued at $1,006,000 after buying an additional 49 shares in the last quarter. Fifth Third Securities Inc. grew its position in Vanguard Mega Cap ETF by 1.6% in the 1st quarter. Fifth Third Securities Inc. now owns 3,715 shares of the company’s stock valued at $748,000 after buying an additional 60 shares in the last quarter. ZEGA Investments LLC grew its position in Vanguard Mega Cap ETF by 4.9% in the 1st quarter. ZEGA Investments LLC now owns 1,432 shares of the company’s stock valued at $288,000 after buying an additional 67 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its position in Vanguard Mega Cap ETF by 0.8% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 9,328 shares of the company’s stock valued at $1,879,000 after buying an additional 76 shares in the last quarter. Finally, Synovus Financial Corp grew its position in Vanguard Mega Cap ETF by 2.6% in the 1st quarter. Synovus Financial Corp now owns 2,964 shares of the company’s stock valued at $597,000 after buying an additional 76 shares in the last quarter.

Vanguard Mega Cap ETF Stock Down 0.1%

Shares of MGC opened at $246.33 on Wednesday. The firm has a 50-day moving average price of $240.10 and a 200 day moving average price of $223.21. The firm has a market capitalization of $8.63 billion, a PE ratio of 26.06 and a beta of 1.00. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $247.39.

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.