Vanguard Mega Cap Value ETF $MGV Shares Purchased by Leavell Investment Management Inc.

Leavell Investment Management Inc. raised its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 169,269 shares of the company’s stock after purchasing an additional 5,553 shares during the quarter. Vanguard Mega Cap Value ETF accounts for approximately 1.0% of Leavell Investment Management Inc.’s portfolio, making the stock its 18th largest position. Leavell Investment Management Inc. owned about 0.23% of Vanguard Mega Cap Value ETF worth $23,434,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Assetmark Inc. grew 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 valued at $1,991,902,000 after buying an additional 377,584 shares in the last quarter. Bank of America Corp DE boosted its holdings in Vanguard Mega Cap Value ETF by 7.9% during 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 acquiring an additional 319,194 shares during the period. Ameriprise Financial Inc. grew its position in Vanguard Mega Cap Value ETF by 2.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,743,113 shares of the company’s stock valued at $228,634,000 after acquiring an additional 42,570 shares in the last quarter. Osaic Holdings Inc. grew its position in Vanguard Mega Cap Value ETF by 557.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,099,774 shares of the company’s stock valued at $142,255,000 after acquiring an additional 932,588 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in Vanguard Mega Cap Value ETF by 29.3% during the second quarter. Raymond James Financial Inc. now owns 855,215 shares of the company’s stock worth $112,204,000 after purchasing an additional 193,776 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV opened at $146.87 on Friday. The firm has a 50 day simple moving average of $141.24 and a 200-day simple moving average of $137.13. Vanguard Mega Cap Value ETF has a one year low of $112.25 and a one year high of $147.18. The firm has a market cap of $11.17 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.