Graney & King LLC Buys 5,611 Shares of Vanguard Mega Cap Value ETF $MGV

Graney & King LLC grew its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 174,183 shares of the company’s stock after purchasing an additional 5,611 shares during the period. Vanguard Mega Cap Value ETF makes up about 13.6% of Graney & King LLC’s holdings, making the stock its largest holding. Graney & King LLC’s holdings in Vanguard Mega Cap Value ETF were worth $25,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. lifted its position in 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 worth $2,260,741,000 after buying an additional 166,009 shares in the last quarter. Bank of America Corp DE grew its holdings 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 valued at $575,265,000 after buying an additional 319,194 shares in the last quarter. UBS Group AG grew its holdings in Vanguard Mega Cap Value ETF by 2.6% in the 4th quarter. UBS Group AG now owns 1,799,402 shares of the company’s stock valued at $254,004,000 after buying an additional 45,410 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Vanguard Mega Cap Value ETF by 2.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,743,113 shares of the company’s stock valued at $228,634,000 after buying an additional 42,570 shares in the last quarter. Finally, Merit Financial Group LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 51.7% in the 4th quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock worth $178,111,000 after acquiring an additional 429,853 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Down 1.7%

NYSEARCA MGV opened at $162.62 on Thursday. Vanguard Mega Cap Value ETF has a 52 week low of $128.84 and a 52 week high of $166.02. The business’s fifty day simple moving average is $161.54 and its 200-day simple moving average is $153.70. The firm has a market cap of $13.11 billion, a PE ratio of 18.48 and a beta of 0.72.

Vanguard Mega Cap Value ETF 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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.