Cambridge Investment Research Advisors Inc. Grows Stock Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Cambridge Investment Research Advisors Inc. increased its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 304,793 shares of the company’s stock after purchasing an additional 12,214 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.53% of Vanguard Mega Cap Value ETF worth $33,335,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MGV. EverSource Wealth Advisors LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 3.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 40,958 shares of the company’s stock worth $4,480,000 after purchasing an additional 1,260 shares in the last quarter. Assetmark Inc. boosted its position in shares of Vanguard Mega Cap Value ETF by 4.9% during the fourth quarter. Assetmark Inc. now owns 12,198,218 shares of the company’s stock worth $1,334,119,000 after acquiring an additional 572,217 shares during the last quarter. Corient Private Wealth LLC lifted its position in Vanguard Mega Cap Value ETF by 154.1% during the fourth quarter. Corient Private Wealth LLC now owns 7,065 shares of the company’s stock valued at $773,000 after purchasing an additional 4,285 shares during the last quarter. D.A. Davidson & CO. lifted its position in Vanguard Mega Cap Value ETF by 10.0% during the fourth quarter. D.A. Davidson & CO. now owns 73,695 shares of the company’s stock valued at $8,060,000 after purchasing an additional 6,695 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in Vanguard Mega Cap Value ETF by 4.6% during the fourth quarter. Wells Fargo & Company MN now owns 552,615 shares of the company’s stock valued at $60,440,000 after purchasing an additional 24,192 shares during the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV traded up $0.41 during midday trading on Friday, hitting $118.42. The stock had a trading volume of 45,673 shares, compared to its average volume of 174,731. Vanguard Mega Cap Value ETF has a 1 year low of $96.77 and a 1 year high of $120.41. The firm has a market cap of $7.34 billion, a PE ratio of 18.88 and a beta of 0.66. The stock’s 50 day moving average is $117.24 and its 200 day moving average is $112.12.

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.