Ameritas Advisory Services LLC Trims Stock Holdings in Vanguard Mega Cap Value ETF $MGV

Ameritas Advisory Services LLC reduced its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 71.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,924 shares of the company’s stock after selling 7,491 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $403,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Assetmark Inc. grew its position in Vanguard Mega Cap Value ETF by 2.6% during the 2nd quarter. Assetmark Inc. now owns 15,182,180 shares of the company’s stock worth $1,991,902,000 after purchasing an additional 377,584 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Vanguard Mega Cap Value ETF by 7.9% during 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. Ameriprise Financial Inc. grew its holdings in shares of Vanguard Mega Cap Value ETF by 2.5% during 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 last quarter. Osaic Holdings Inc. grew its holdings in shares of Vanguard Mega Cap Value ETF by 557.8% during the second quarter. Osaic Holdings Inc. now owns 1,099,774 shares of the company’s stock worth $142,255,000 after buying an additional 932,588 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in Vanguard Mega Cap Value ETF by 29.3% in the 2nd quarter. Raymond James Financial Inc. now owns 855,215 shares of the company’s stock valued at $112,204,000 after acquiring an additional 193,776 shares during the period.

Vanguard Mega Cap Value ETF Trading Up 0.6%

Vanguard Mega Cap Value ETF stock opened at $152.65 on Monday. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $154.03. The stock has a 50 day moving average of $145.40 and a two-hundred day moving average of $139.57. The stock has a market capitalization of $11.61 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80.

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.