Short Interest in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Drops By 23.0%

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 105,163 shares, a decline of 23.0% from the November 30th total of 136,524 shares. Based on an average daily trading volume, of 196,035 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 196,035 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Vanguard Mega Cap Value ETF

A number of hedge funds have recently modified their holdings of MGV. Assetmark Inc. raised its position in shares of Vanguard Mega Cap Value ETF by 2.6% in the second quarter. Assetmark Inc. now owns 15,182,180 shares of the company’s stock worth $1,991,902,000 after acquiring an additional 377,584 shares during the period. Bank of America Corp DE increased its position in shares of Vanguard Mega Cap Value ETF by 7.9% during the second quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock worth $575,265,000 after acquiring an additional 319,194 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Mega Cap Value ETF by 17.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,042,106 shares of the company’s stock valued at $281,261,000 after purchasing an additional 298,993 shares in the last quarter. UBS Group AG boosted its holdings in shares of Vanguard Mega Cap Value ETF by 3.8% in the 3rd quarter. UBS Group AG now owns 1,753,992 shares of the company’s stock valued at $241,595,000 after buying an additional 63,931 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in shares of Vanguard Mega Cap Value ETF by 557.8% during the second quarter. Osaic Holdings Inc. now owns 1,099,774 shares of the company’s stock worth $142,255,000 after acquiring an additional 932,588 shares during the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV traded down $0.10 during mid-day trading on Tuesday, reaching $142.11. 136,849 shares of the company’s stock traded hands, compared to its average volume of 276,027. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $143.07. The stock has a market cap of $10.56 billion, a P/E ratio of 18.48 and a beta of 0.80. The business has a 50-day simple moving average of $139.49 and a 200 day simple moving average of $135.88.

Vanguard Mega Cap Value ETF Company 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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.