Vanguard Mega Cap Value ETF $MGV Shares Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. boosted its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 5.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 115,807 shares of the company’s stock after acquiring an additional 5,663 shares during the period. D.A. Davidson & CO. owned about 0.15% of Vanguard Mega Cap Value ETF worth $16,347,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Assetmark Inc. raised its position in Vanguard Mega Cap Value ETF by 2.1% during the fourth quarter. Assetmark Inc. now owns 15,430,686 shares of the company’s stock worth $2,178,196,000 after acquiring an additional 312,445 shares during the last quarter. Bank of America Corp DE raised its position in 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 acquiring an additional 319,194 shares during the last quarter. Ameriprise Financial Inc. raised its position in Vanguard Mega Cap Value ETF by 17.2% during the third quarter. Ameriprise Financial Inc. now owns 2,042,106 shares of the company’s stock worth $281,261,000 after acquiring an additional 298,993 shares during the last quarter. UBS Group AG raised its position in Vanguard Mega Cap Value ETF by 2.6% during the fourth quarter. UBS Group AG now owns 1,799,402 shares of the company’s stock worth $254,004,000 after acquiring an additional 45,410 shares during the last quarter. Finally, Merit Financial Group LLC raised its position in Vanguard Mega Cap Value ETF by 51.7% during the fourth quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock worth $178,111,000 after acquiring an additional 429,853 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.0%

Shares of MGV opened at $150.01 on Tuesday. The stock has a market cap of $11.67 billion, a P/E ratio of 18.48 and a beta of 0.75. The company has a 50-day moving average of $148.59 and a two-hundred day moving average of $144.49. Vanguard Mega Cap Value ETF has a 12-month low of $121.47 and a 12-month high of $154.03.

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.