Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Position Boosted by Flagstar Advisors Inc.

Flagstar Advisors Inc. increased its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 74.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,893 shares of the company’s stock after purchasing an additional 2,936 shares during the quarter. Flagstar Advisors Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $824,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in MGV. Assetmark Inc. lifted its position in shares of Vanguard Mega Cap Value ETF by 4.9% in the 4th quarter. Assetmark Inc. now owns 12,198,218 shares of the company’s stock valued at $1,334,119,000 after acquiring an additional 572,217 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Vanguard Mega Cap Value ETF by 7.6% in the third quarter. Morgan Stanley now owns 2,656,447 shares of the company’s stock valued at $269,364,000 after purchasing an additional 186,705 shares in the last quarter. Harbour Investments Inc. boosted its position in shares of Vanguard Mega Cap Value ETF by 6,023.8% in the fourth quarter. Harbour Investments Inc. now owns 154,810 shares of the company’s stock worth $16,932,000 after buying an additional 152,282 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of Vanguard Mega Cap Value ETF by 13.0% during the third quarter. Ameriprise Financial Inc. now owns 872,199 shares of the company’s stock valued at $88,431,000 after buying an additional 100,204 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in Vanguard Mega Cap Value ETF during the fourth quarter valued at $9,580,000.

Vanguard Mega Cap Value ETF Price Performance

Vanguard Mega Cap Value ETF stock traded down $1.00 during mid-day trading on Tuesday, hitting $119.25. The company’s stock had a trading volume of 172,801 shares, compared to its average volume of 170,612. Vanguard Mega Cap Value ETF has a 52-week low of $96.77 and a 52-week high of $120.78. The firm’s 50 day moving average is $117.73 and its 200 day moving average is $114.65. The company has a market cap of $7.39 billion, a PE ratio of 18.88 and a beta of 0.66.

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.