Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Short Interest Down 24.8% in December

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 79,120 shares, a decline of 24.8% from the December 15th total of 105,163 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 219,984 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 219,984 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Vanguard Mega Cap Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MGV. Assetmark Inc. increased its stake 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 purchasing an additional 377,584 shares in the last quarter. Bank of America Corp DE grew its stake in Vanguard Mega Cap Value ETF by 7.9% in the 2nd quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock valued at $575,265,000 after buying an additional 319,194 shares in the last quarter. Ameriprise Financial Inc. grew its stake in 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 buying an additional 298,993 shares in the last quarter. UBS Group AG raised its holdings in Vanguard Mega Cap Value ETF by 3.8% during the 3rd quarter. UBS Group AG now owns 1,753,992 shares of the company’s stock valued at $241,595,000 after acquiring an additional 63,931 shares during the period. Finally, Osaic Holdings Inc. lifted 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 in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV traded up $0.27 on Friday, hitting $146.87. 211,805 shares of the stock traded hands, compared to its average volume of 263,768. The business’s fifty day moving average is $141.24 and its two-hundred day moving average is $137.19. Vanguard Mega Cap Value ETF has a 12 month low of $112.25 and a 12 month high of $147.18. The firm has a market capitalization of $11.17 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80.

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.