Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Sees Significant Decline in Short Interest

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 79,120 shares, a decline of 24.8% from the December 15th total of 105,163 shares. Based on an average trading volume of 219,984 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 219,984 shares, the short-interest ratio is presently 0.4 days.

Vanguard Mega Cap Value ETF Price Performance

Shares of Vanguard Mega Cap Value ETF stock traded up $0.27 during trading on Monday, hitting $146.87. The stock had a trading volume of 211,805 shares, compared to its average volume of 263,768. Vanguard Mega Cap Value ETF has a 12 month low of $112.25 and a 12 month high of $147.18. The firm’s fifty day simple moving average is $141.24 and its 200-day simple moving average is $137.19. The stock has a market cap of $11.17 billion, a PE ratio of 18.48 and a beta of 0.80.

Institutional Investors Weigh In On Vanguard Mega Cap Value ETF

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

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.