Vanguard Mega Cap Value ETF $MGV Shares Purchased by Diversify Advisory Services LLC

Diversify Advisory Services LLC raised its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 102.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 31,643 shares of the company’s stock after acquiring an additional 15,987 shares during the quarter. Diversify Advisory Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $4,324,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in MGV. Osaic Holdings Inc. grew its position in 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 period. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $115,536,000. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Mega Cap Value ETF by 188.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 510,051 shares of the company’s stock worth $66,919,000 after acquiring an additional 333,098 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Vanguard Mega Cap Value ETF by 7.9% in the 2nd quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock worth $575,265,000 after acquiring an additional 319,194 shares during the period. Finally, Integrated Capital Management LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter worth approximately $27,259,000.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA MGV opened at $147.90 on Monday. The business has a 50 day moving average price of $148.53 and a 200 day moving average price of $141.70. The company has a market capitalization of $11.25 billion, a P/E ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $154.03.

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.