Short Interest in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Drops By 23.0%

by · The Markets Daily

Vanguard Mega Cap Value ETF (NYSEARCA:MGV – Get Free Report) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 105,163 shares, a decline of 23.0% from the November 30th total of 136,524 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 196,035 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 196,035 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

Vanguard Mega Cap Value ETF Stock Down 0.1%

Shares of NYSEARCA MGV traded down $0.10 during trading on Tuesday, reaching $142.11. 136,849 shares of the stock were exchanged, compared to its average volume of 276,027. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $143.07. The company has a market capitalization of $10.56 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80. The business’s 50-day moving average price is $139.49 and its 200 day moving average price is $135.88.

Institutional Trading of Vanguard Mega Cap Value ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Assetmark Inc. increased its holdings in shares of Vanguard Mega Cap Value ETF by 2.6% during the second quarter. Assetmark Inc. now owns 15,182,180 shares of the company’s stock worth $1,991,902,000 after buying an additional 377,584 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Vanguard Mega Cap Value ETF by 7.9% in the second quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock valued at $575,265,000 after purchasing an additional 319,194 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Vanguard Mega Cap Value ETF by 17.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,042,106 shares of the company’s stock worth $281,261,000 after buying an additional 298,993 shares during the last quarter. UBS Group AG grew its position in shares of Vanguard Mega Cap Value ETF by 3.8% in the 3rd quarter. UBS Group AG now owns 1,753,992 shares of the company’s stock valued at $241,595,000 after acquiring an additional 63,931 shares during the period. Finally, Osaic Holdings Inc. increased its holdings in shares of Vanguard Mega Cap Value ETF by 557.8% in the second quarter. Osaic Holdings Inc. now owns 1,099,774 shares of the company’s stock valued at $142,255,000 after purchasing an additional 932,588 shares during the last quarter.

Vanguard Mega Cap Value ETF Company Profile

(Get Free Report)

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.

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