Flagship Wealth Advisors LLC lessened its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV – Free Report) by 42.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 7,897 shares of the company’s stock after selling 5,897 shares during the period. Flagship Wealth Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,145,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of MGV. Assetmark Inc. lifted its stake in shares of Vanguard Mega Cap Value ETF by 1.1% in the 1st quarter. Assetmark Inc. now owns 15,596,695 shares of the company’s stock valued at $2,260,741,000 after acquiring an additional 166,009 shares during the last quarter. Bank of America Corp DE grew its position in Vanguard Mega Cap Value ETF by 2.6% during the 1st quarter. Bank of America Corp DE now owns 4,639,212 shares of the company’s stock worth $672,454,000 after acquiring an additional 117,605 shares during the last quarter. UBS Group AG increased its holdings in Vanguard Mega Cap Value ETF by 2.6% in the 4th quarter. UBS Group AG now owns 1,799,402 shares of the company’s stock worth $254,004,000 after purchasing an additional 45,410 shares in the last quarter. Ameriprise Financial Inc. increased its holdings 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 worth $228,634,000 after purchasing an additional 42,570 shares in the last quarter. Finally, Merit Financial Group LLC raised its position in Vanguard Mega Cap Value ETF by 51.7% in the fourth quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock valued at $178,111,000 after purchasing an additional 429,853 shares during the last quarter.
Vanguard Mega Cap Value ETF Trading Down 0.2%
Vanguard Mega Cap Value ETF stock opened at $163.20 on Friday. The stock has a 50-day moving average price of $161.82 and a two-hundred day moving average price of $153.90. Vanguard Mega Cap Value ETF has a 12 month low of $128.84 and a 12 month high of $166.02. The company has a market capitalization of $13.16 billion, a PE ratio of 18.48 and a beta of 0.72.
About Vanguard Mega Cap Value ETF
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.
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