Vanguard Mega Cap Value ETF $MGV Shares Purchased by LifeWealth Investments LLC

LifeWealth Investments LLC boosted its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 21.1% in the 1st quarter, Holdings Channel reports. The fund owned 29,612 shares of the company’s stock after buying an additional 5,164 shares during the period. Vanguard Mega Cap Value ETF makes up 1.3% of LifeWealth Investments LLC’s investment portfolio, making the stock its 22nd largest position. LifeWealth Investments LLC’s holdings in Vanguard Mega Cap Value ETF were worth $4,292,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of MGV. Assetmark Inc. increased 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 purchasing an additional 312,445 shares in the last quarter. Bank of America Corp DE boosted its holdings 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 buying an additional 319,194 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings 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 buying an additional 298,993 shares in the last quarter. UBS Group AG grew 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 valued at $254,004,000 after buying an additional 45,410 shares during the period. Finally, Merit Financial Group LLC grew 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 valued at $178,111,000 after buying an additional 429,853 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

MGV opened at $165.02 on Friday. Vanguard Mega Cap Value ETF has a fifty-two week low of $128.84 and a fifty-two week high of $166.02. The company has a fifty day moving average of $156.26 and a two-hundred day moving average of $150.12. The stock has a market capitalization of $12.84 billion, a price-to-earnings ratio of 18.48 and a beta of 0.73.

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.