Vantagepoint Investment Advisers LLC Takes $115.54 Million Position in Vanguard Mega Cap Value ETF $MGV

Vantagepoint Investment Advisers LLC acquired a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 838,797 shares of the company’s stock, valued at approximately $115,536,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. lifted its holdings in Vanguard Mega Cap Value ETF by 2.6% in the 2nd quarter. Assetmark Inc. now owns 15,182,180 shares of the company’s stock worth $1,991,902,000 after purchasing an additional 377,584 shares in the last quarter. Bank of America Corp DE grew its holdings in Vanguard Mega Cap Value ETF by 7.9% during 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 in the last quarter. Ameriprise Financial Inc. grew its holdings in 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 buying an additional 42,570 shares in the last quarter. Osaic Holdings Inc. increased its stake in Vanguard Mega Cap Value ETF by 557.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,099,774 shares of the company’s stock worth $142,255,000 after acquiring an additional 932,588 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Vanguard Mega Cap Value ETF by 29.3% during the 2nd 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 in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV opened at $146.23 on Friday. The stock has a 50 day moving average price of $141.99 and a 200-day moving average price of $137.64. Vanguard Mega Cap Value ETF has a one year low of $112.25 and a one year high of $147.70. The company has a market capitalization of $11.12 billion, a P/E ratio of 18.48 and a beta of 0.80.

Vanguard Mega Cap Value ETF Company 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.