Vanguard Mega Cap Value ETF $MGV Shares Acquired by Florida Financial Advisors LLC

Florida Financial Advisors LLC increased its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 20.2% in the first quarter, Holdings Channel reports. The firm owned 19,485 shares of the company’s stock after acquiring an additional 3,278 shares during the period. Florida Financial Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,824,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in MGV. Assetmark Inc. raised its position in Vanguard Mega Cap Value ETF by 1.1% in the first quarter. Assetmark Inc. now owns 15,596,695 shares of the company’s stock valued at $2,260,741,000 after purchasing an additional 166,009 shares during the period. Bank of America Corp DE boosted its position in shares of Vanguard Mega Cap Value ETF by 7.9% in the second quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock worth $575,265,000 after buying an additional 319,194 shares during the period. UBS Group AG boosted its position in shares of Vanguard Mega Cap Value ETF by 2.6% in the fourth quarter. UBS Group AG now owns 1,799,402 shares of the company’s stock worth $254,004,000 after buying an additional 45,410 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Vanguard Mega Cap Value ETF by 2.5% in the second quarter. Ameriprise Financial Inc. now owns 1,743,113 shares of the company’s stock worth $228,634,000 after buying an additional 42,570 shares during the period. Finally, Merit Financial Group LLC grew its stake in shares of 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 buying an additional 429,853 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV opened at $161.04 on Tuesday. The company has a market cap of $12.99 billion, a P/E ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a one year low of $128.84 and a one year high of $166.02. The business’s 50-day simple moving average is $160.31 and its 200 day simple moving average is $152.69.

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.