Vanguard Mega Cap Value ETF $MGV is Mayfair Advisory Group LLC’s 7th Largest Position

Mayfair Advisory Group LLC raised its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 9.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 60,364 shares of the company’s stock after purchasing an additional 5,151 shares during the period. Vanguard Mega Cap Value ETF comprises about 3.1% of Mayfair Advisory Group LLC’s investment portfolio, making the stock its 7th largest position. Mayfair Advisory Group LLC’s holdings in Vanguard Mega Cap Value ETF were worth $8,750,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Merit Financial Group LLC grew its position in Vanguard Mega Cap Value ETF by 51.7% during the 4th quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock valued at $178,111,000 after purchasing an additional 429,853 shares during the last quarter. Wellington Management Group LLP purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $46,132,000. Strategic Investment Advisors MI boosted its holdings in shares of 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 during the last quarter. Bank of America Corp DE raised its holdings in shares of 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 purchasing an additional 319,194 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in shares of 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 valued at $2,178,196,000 after purchasing an additional 312,445 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Down 1.1%

Shares of Vanguard Mega Cap Value ETF stock opened at $163.20 on Friday. The company has a market cap of $12.70 billion, a price-to-earnings ratio of 18.48 and a beta of 0.73. The company’s 50 day moving average is $156.54 and its 200 day moving average is $150.21. Vanguard Mega Cap Value ETF has a twelve month low of $128.84 and a twelve month high of $166.02.

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.