Koshinski Asset Management Inc. Increases Stock Position in Vanguard Mega Cap Value ETF $MGV

Koshinski Asset Management Inc. raised its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 4.6% in the 2nd quarter, Holdings Channel reports. The firm owned 7,189 shares of the company’s stock after acquiring an additional 314 shares during the period. Koshinski Asset Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $943,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. lifted its position in shares of Vanguard Mega Cap Value ETF by 3.3% in the first quarter. Assetmark Inc. now owns 14,804,596 shares of the company’s stock worth $1,907,424,000 after buying an additional 467,392 shares in the last quarter. Praetorian Wealth Management Inc. bought a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter worth approximately $41,516,000. Pure Financial Advisors LLC bought a new stake in Vanguard Mega Cap Value ETF in the 1st quarter worth approximately $36,389,000. HighTower Advisors LLC raised its holdings in shares of Vanguard Mega Cap Value ETF by 51.6% during the 1st quarter. HighTower Advisors LLC now owns 712,570 shares of the company’s stock worth $91,807,000 after acquiring an additional 242,459 shares in the last quarter. Finally, Kickstand Ventures LLC. bought a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter valued at approximately $14,979,000.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $137.44 on Monday. The firm has a fifty day moving average price of $135.83 and a 200 day moving average price of $130.22. Vanguard Mega Cap Value ETF has a fifty-two week low of $112.25 and a fifty-two week high of $139.07. The firm has a market cap of $10.21 billion, a PE ratio of 18.48 and a beta of 0.86.

Vanguard Mega Cap Value ETF Profile

Vanguard Mega Cap Value ETF, formerly Vanguard Mega Cap 300 Value Index ETF, seeks to track the performance of a benchmark index that measures the investment return of the largest-capitalization value stocks in the United States. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Large-Cap Value Index, which represents the value companies of the MSCI US Large-Cap 300 Index.