Vanguard Mega Cap Value ETF $MGV Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP increased its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 68.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,025 shares of the company’s stock after acquiring an additional 7,728 shares during the period. Quantinno Capital Management LP’s holdings in Vanguard Mega Cap Value ETF were worth $2,758,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MGV. Merit Financial Group LLC boosted its stake 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 valued at $178,111,000 after buying an additional 429,853 shares in the last quarter. Wellington Management Group LLP purchased a new position in shares of Vanguard Mega Cap Value ETF during the third quarter valued at $46,132,000. Strategic Investment Advisors MI grew its stake in Vanguard Mega Cap Value ETF by 3,318,590.0% during the 4th quarter. Strategic Investment Advisors MI now owns 331,869 shares of the company’s stock valued at $46,879,000 after acquiring an additional 331,859 shares in the last quarter. Bank of America Corp DE increased its stake in 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 valued at $575,265,000 after buying an additional 319,194 shares during the period. Finally, Assetmark Inc. grew its holdings in shares of Vanguard Mega Cap Value ETF by 2.1% during the 4th quarter. Assetmark Inc. now owns 15,430,686 shares of the company’s stock valued at $2,178,196,000 after acquiring an additional 312,445 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV opened at $166.79 on Monday. Vanguard Mega Cap Value ETF has a 1-year low of $130.72 and a 1-year high of $167.30. The firm’s fifty day simple moving average is $162.66 and its 200-day simple moving average is $154.64. The company has a market capitalization of $13.45 billion, a PE ratio of 18.48 and a beta of 0.72.

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.