Vanguard Mega Cap Value ETF $MGV Stock: Simplicity Wealth LLC Cuts Position

Simplicity Wealth LLC reduced its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 55.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,735 shares of the company’s stock after selling 3,340 shares during the period. Simplicity Wealth LLC’s holdings in Vanguard Mega Cap Value ETF were worth $441,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in MGV. Assetmark Inc. boosted its position in shares of Vanguard Mega Cap Value ETF by 1.1% during the 1st quarter. Assetmark Inc. now owns 15,596,695 shares of the company’s stock worth $2,260,741,000 after purchasing an additional 166,009 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Vanguard Mega Cap Value ETF by 2.6% during the 1st quarter. Bank of America Corp DE now owns 4,639,212 shares of the company’s stock worth $672,454,000 after purchasing an additional 117,605 shares during the period. Royal Bank of Canada increased its holdings in shares of Vanguard Mega Cap Value ETF by 8.5% in the 1st quarter. Royal Bank of Canada now owns 727,459 shares of the company’s stock valued at $105,445,000 after purchasing an additional 56,722 shares in the last quarter. BTG Pactual Asset Management US LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 238.0% in the 2nd quarter. BTG Pactual Asset Management US LLC now owns 724,232 shares of the company’s stock valued at $118,376,000 after purchasing an additional 509,956 shares in the last quarter. Finally, Strategic Investment Advisors MI lifted its stake in shares of Vanguard Mega Cap Value ETF by 30.9% in the first quarter. Strategic Investment Advisors MI now owns 434,386 shares of the company’s stock valued at $63,013,000 after purchasing an additional 102,517 shares during the period.

Vanguard Mega Cap Value ETF Trading Up 0.8%

Shares of Vanguard Mega Cap Value ETF stock opened at $169.83 on Friday. The company has a 50-day moving average of $165.53 and a two-hundred day moving average of $157.65. Vanguard Mega Cap Value ETF has a 12-month low of $135.48 and a 12-month high of $169.85. The stock has a market cap of $14.21 billion, a PE ratio of 18.48 and a beta of 0.72.

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.