114,168 Shares in Vanguard Mega Cap Value ETF $MGV Bought by Kickstand Ventures LLC.

Kickstand Ventures LLC. purchased a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the second quarter, HoldingsChannel reports. The institutional investor purchased 114,168 shares of the company’s stock, valued at approximately $14,979,000. Vanguard Mega Cap Value ETF accounts for 3.5% of Kickstand Ventures LLC.’s portfolio, making the stock its 6th largest position.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Simplicity Wealth LLC purchased a new stake in Vanguard Mega Cap Value ETF during the 2nd quarter worth $2,262,000. Wealthcare Advisory Partners LLC boosted its position in Vanguard Mega Cap Value ETF by 37.6% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 149,110 shares of the company’s stock worth $19,563,000 after purchasing an additional 40,769 shares during the period. Pflug Koory LLC purchased a new stake in Vanguard Mega Cap Value ETF during the 2nd quarter worth $86,000. Sterling Investment Counsel LLC boosted its position in Vanguard Mega Cap Value ETF by 6.5% in the 2nd quarter. Sterling Investment Counsel LLC now owns 2,266 shares of the company’s stock valued at $297,000 after buying an additional 139 shares during the last quarter. Finally, DMKC Advisory Services LLC purchased a new position in Vanguard Mega Cap Value ETF in the 2nd quarter valued at about $1,642,000.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA:MGV opened at $138.40 on Friday. The firm has a 50-day moving average of $134.58 and a two-hundred day moving average of $129.59. The stock has a market cap of $10.20 billion, a P/E ratio of 18.48 and a beta of 0.86. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $139.07.

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.