Amara Financial LLC. Has $7.26 Million Holdings in Vanguard Mega Cap Value ETF $MGV

Amara Financial LLC. increased its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 12.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 52,696 shares of the company’s stock after purchasing an additional 5,677 shares during the period. Vanguard Mega Cap Value ETF accounts for 5.3% of Amara Financial LLC.’s holdings, making the stock its 6th biggest holding. Amara Financial LLC. owned about 0.07% of Vanguard Mega Cap Value ETF worth $7,258,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Assetmark Inc. grew its stake 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 buying an additional 377,584 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 valued at $575,265,000 after acquiring an additional 319,194 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Vanguard Mega Cap Value ETF by 2.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,743,113 shares of the company’s stock valued at $228,634,000 after purchasing an additional 42,570 shares in the last quarter. 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 valued at $142,255,000 after buying an additional 932,588 shares during the period. Finally, Raymond James Financial Inc. raised its position in shares of Vanguard Mega Cap Value ETF by 29.3% in the second quarter. Raymond James Financial Inc. now owns 855,215 shares of the company’s stock worth $112,204,000 after acquiring an additional 193,776 shares during the period.

Vanguard Mega Cap Value ETF Stock Down 0.2%

NYSEARCA:MGV opened at $152.50 on Friday. Vanguard Mega Cap Value ETF has a 52 week low of $112.25 and a 52 week high of $154.03. The stock’s 50-day moving average price is $146.35 and its 200-day moving average price is $140.07. The stock has a market capitalization of $11.60 billion, a PE 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.