Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Sees Large Increase in Short Interest

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 78,815 shares, a growth of 23.8% from the February 12th total of 63,649 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 249,673 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 249,673 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Vanguard Mega Cap Value ETF Stock Up 0.7%

Vanguard Mega Cap Value ETF stock traded up $0.96 during mid-day trading on Monday, reaching $147.32. 310,987 shares of the company’s stock were exchanged, compared to its average volume of 265,102. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $154.03. The company has a market cap of $11.21 billion, a P/E ratio of 18.48 and a beta of 0.80. The company has a fifty day moving average of $149.14 and a 200-day moving average of $142.24.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. World Investment Advisors boosted its stake in shares of Vanguard Mega Cap Value ETF by 3.5% in the 4th quarter. World Investment Advisors now owns 7,678 shares of the company’s stock valued at $1,084,000 after buying an additional 260 shares during the period. Corient Private Wealth LLC raised its holdings in Vanguard Mega Cap Value ETF by 75.8% in the fourth quarter. Corient Private Wealth LLC now owns 13,273 shares of the company’s stock valued at $1,874,000 after acquiring an additional 5,721 shares in the last quarter. Pure Financial Advisors LLC lifted its stake in Vanguard Mega Cap Value ETF by 1.3% in the fourth quarter. Pure Financial Advisors LLC now owns 296,940 shares of the company’s stock worth $41,916,000 after acquiring an additional 3,779 shares during the last quarter. Rehmann Capital Advisory Group lifted its stake in Vanguard Mega Cap Value ETF by 2.5% in the fourth quarter. Rehmann Capital Advisory Group now owns 8,221 shares of the company’s stock worth $1,161,000 after acquiring an additional 201 shares during the last quarter. Finally, MV Capital Management Inc. acquired a new position in Vanguard Mega Cap Value ETF during the 4th quarter worth approximately $131,000.

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.