International Assets Investment Management LLC Grows Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

International Assets Investment Management LLC raised its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 10,853.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 27,712 shares of the company’s stock after purchasing an additional 27,459 shares during the period. International Assets Investment Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $3,031,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MGV. Moneta Group Investment Advisors LLC increased its holdings in Vanguard Mega Cap Value ETF by 102,564.4% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,950,190 shares of the company’s stock valued at $1,126,227,000 after buying an additional 10,939,524 shares in the last quarter. Morgan Stanley increased its stake in shares of Vanguard Mega Cap Value ETF by 7.6% during the third quarter. Morgan Stanley now owns 2,656,447 shares of the company’s stock worth $269,364,000 after purchasing an additional 186,705 shares in the last quarter. Stifel Financial Corp increased its stake in shares of Vanguard Mega Cap Value ETF by 149.3% during the first quarter. Stifel Financial Corp now owns 222,475 shares of the company’s stock worth $22,477,000 after purchasing an additional 133,229 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Vanguard Mega Cap Value ETF by 15.6% during the first quarter. Ameriprise Financial Inc. now owns 899,053 shares of the company’s stock worth $90,817,000 after purchasing an additional 121,578 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 18.4% during the third quarter. LPL Financial LLC now owns 737,689 shares of the company’s stock worth $74,802,000 after purchasing an additional 114,649 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.1 %

MGV stock opened at $113.74 on Friday. The stock has a market capitalization of $6.98 billion, a P/E ratio of 18.58 and a beta of 0.86. The firm has a 50-day simple moving average of $115.77 and a 200-day simple moving average of $109.12. Vanguard Mega Cap Value ETF has a 52 week low of $96.77 and a 52 week high of $119.69.

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.