US Bancorp DE Increases Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

US Bancorp DE raised its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 107,668 shares of the company’s stock after acquiring an additional 568 shares during the period. US Bancorp DE’s holdings in Vanguard Mega Cap Value ETF were worth $13,461,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Assetmark Inc. grew its holdings in shares of 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 valued at $1,791,999,000 after purchasing an additional 548,728 shares in the last quarter. World Investment Advisors LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the third quarter valued at $59,884,000. Strategic Financial Concepts LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 12,397.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 243,707 shares of the company’s stock valued at $30,441,000 after purchasing an additional 241,757 shares in the last quarter. Brophy Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the third quarter valued at $16,744,000. Finally, Black Diamond Financial LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 11.9% in the third quarter. Black Diamond Financial LLC now owns 690,138 shares of the company’s stock valued at $88,537,000 after purchasing an additional 73,246 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $131.45 on Tuesday. The firm has a fifty day moving average price of $129.07 and a 200 day moving average price of $128.56. Vanguard Mega Cap Value ETF has a fifty-two week low of $113.36 and a fifty-two week high of $133.82. The firm has a market cap of $8.82 billion, a PE ratio of 20.60 and a beta of 0.86.

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.