Vanguard Mega Cap Value ETF (NYSEARCA:MGV) is Strategic Investment Advisors MI’s 7th Largest Position

Strategic Investment Advisors MI boosted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 4.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 265,399 shares of the company’s stock after purchasing an additional 10,907 shares during the quarter. Vanguard Mega Cap Value ETF accounts for approximately 3.5% of Strategic Investment Advisors MI’s investment portfolio, making the stock its 7th largest holding. Strategic Investment Advisors MI’s holdings in Vanguard Mega Cap Value ETF were worth $33,151,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in MGV. Assetmark Inc. grew its stake in Vanguard Mega Cap Value ETF by 4.1% in the third quarter. Assetmark Inc. now owns 13,969,433 shares of the company’s stock worth $1,791,999,000 after purchasing an additional 548,728 shares in the last quarter. World Investment Advisors LLC acquired a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter valued at $59,884,000. Redhawk Wealth Advisors Inc. acquired a new stake in shares of Vanguard Mega Cap Value ETF during the third quarter worth approximately $25,554,000. Brophy Wealth Management LLC acquired a new position in Vanguard Mega Cap Value ETF in the 3rd quarter worth about $16,744,000. Finally, MFA Wealth Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at $13,336,000.

Vanguard Mega Cap Value ETF Stock Down 0.1 %

Shares of MGV stock opened at $130.89 on Monday. The stock has a 50 day moving average of $128.33 and a 200-day moving average of $126.73. Vanguard Mega Cap Value ETF has a 12 month low of $110.33 and a 12 month high of $133.82. The firm has a market cap of $8.11 billion, a PE ratio of 18.88 and a beta of 0.66.

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.