Vanguard Mega Cap Value ETF $MGV Shares Newly Purchased by Retirement Planning Group LLC

by · The Markets Daily

Retirement Planning Group LLC bought a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 146,084 shares of the company’s stock, valued at approximately $23,533,000. Vanguard Mega Cap Value ETF accounts for about 0.5% of Retirement Planning Group LLC’s portfolio, making the stock its 25th largest holding.

Other institutional investors also recently made changes to their positions in the company. Assetmark Inc. grew its holdings in shares of Vanguard Mega Cap Value ETF by 1.1% during the first quarter. Assetmark Inc. now owns 15,596,695 shares of the company’s stock valued at $2,260,741,000 after purchasing an additional 166,009 shares during the last quarter. Bank of America Corp DE raised its position 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. BTG Pactual Asset Management US LLC lifted 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 worth $118,376,000 after purchasing an additional 509,956 shares during the last quarter. Royal Bank of Canada lifted 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 worth $105,445,000 after purchasing an additional 56,722 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its holdings in shares of Vanguard Mega Cap Value ETF by 1.0% in the 2nd quarter. Baird Financial Group Inc. now owns 387,221 shares of the company’s stock worth $63,291,000 after purchasing an additional 3,737 shares during the last quarter.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA:MGV opened at $164.99 on Tuesday. Vanguard Mega Cap Value ETF has a 12-month low of $135.48 and a 12-month high of $169.84. The firm has a market capitalization of $13.80 billion, a P/E ratio of 18.48 and a beta of 0.72. The business has a 50 day simple moving average of $165.62 and a 200 day simple moving average of $160.65.

Vanguard Mega Cap Value ETF Profile

(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.

Further Reading

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