Vanguard Mega Cap Value ETF $MGV Shares Acquired by Assetmark Inc.

Assetmark Inc. lifted its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,430,686 shares of the company’s stock after buying an additional 312,445 shares during the period. Vanguard Mega Cap Value ETF makes up about 4.4% of Assetmark Inc.’s investment portfolio, making the stock its 2nd largest holding. Assetmark Inc. owned about 20.28% of Vanguard Mega Cap Value ETF worth $2,178,196,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in MGV. Sheridan Capital Management LLC lifted its position in Vanguard Mega Cap Value ETF by 4.3% in the fourth quarter. Sheridan Capital Management LLC now owns 144,775 shares of the company’s stock worth $20,437,000 after purchasing an additional 6,035 shares during the period. U.S. Capital Wealth Advisors LLC lifted its position in Vanguard Mega Cap Value ETF by 6.6% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 7,002 shares of the company’s stock worth $988,000 after purchasing an additional 432 shares during the period. Choreo LLC lifted its position in Vanguard Mega Cap Value ETF by 1.0% in the fourth quarter. Choreo LLC now owns 18,572 shares of the company’s stock worth $2,639,000 after purchasing an additional 182 shares during the period. Colorado Capital Management Inc. lifted its position in Vanguard Mega Cap Value ETF by 18.7% in the fourth quarter. Colorado Capital Management Inc. now owns 45,428 shares of the company’s stock worth $6,413,000 after purchasing an additional 7,160 shares during the period. Finally, Capital & Planning LLC lifted its position in Vanguard Mega Cap Value ETF by 4.5% in the fourth quarter. Capital & Planning LLC now owns 62,216 shares of the company’s stock worth $8,862,000 after purchasing an additional 2,697 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

MGV opened at $149.63 on Tuesday. The company has a market capitalization of $11.64 billion, a price-to-earnings ratio of 18.48 and a beta of 0.75. Vanguard Mega Cap Value ETF has a 1-year low of $116.88 and a 1-year high of $154.03. The business has a 50 day moving average price of $149.01 and a two-hundred day moving average price of $143.65.

About Vanguard Mega Cap Value ETF

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.