Strategic Investment Advisors MI Has $63.01 Million Stake in Vanguard Mega Cap Value ETF $MGV

Strategic Investment Advisors MI grew its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 30.9% during the first quarter, Holdings Channel reports. The institutional investor owned 434,386 shares of the company’s stock after acquiring an additional 102,517 shares during the quarter. Vanguard Mega Cap Value ETF comprises 4.4% of Strategic Investment Advisors MI’s investment portfolio, making the stock its 6th largest holding. Strategic Investment Advisors MI’s holdings in Vanguard Mega Cap Value ETF were worth $63,013,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Valmark Advisers Inc. raised its stake in shares of Vanguard Mega Cap Value ETF by 2.9% during the 4th quarter. Valmark Advisers Inc. now owns 2,447 shares of the company’s stock worth $345,000 after acquiring an additional 69 shares in the last quarter. Encompass Wealth Advisors LLC boosted its stake in Vanguard Mega Cap Value ETF by 0.3% in the fourth quarter. Encompass Wealth Advisors LLC now owns 29,028 shares of the company’s stock valued at $4,098,000 after acquiring an additional 80 shares in the last quarter. Wedbush Securities Inc. grew its holdings in Vanguard Mega Cap Value ETF by 3.1% in the fourth quarter. Wedbush Securities Inc. now owns 2,687 shares of the company’s stock worth $379,000 after purchasing an additional 80 shares during the last quarter. Bowman & Co S.C. grew its holdings in Vanguard Mega Cap Value ETF by 0.7% in the fourth quarter. Bowman & Co S.C. now owns 11,788 shares of the company’s stock worth $1,664,000 after purchasing an additional 81 shares during the last quarter. Finally, Visionary Wealth Advisors grew its holdings in Vanguard Mega Cap Value ETF by 1.0% in the second quarter. Visionary Wealth Advisors now owns 8,107 shares of the company’s stock worth $1,064,000 after purchasing an additional 82 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Down 1.7%

Shares of MGV opened at $162.62 on Thursday. Vanguard Mega Cap Value ETF has a 12 month low of $128.84 and a 12 month high of $166.02. The stock has a fifty day moving average price of $161.54 and a 200-day moving average price of $153.70. The firm has a market cap of $13.11 billion, a PE ratio of 18.48 and a beta of 0.72.

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.