Mayfair Advisory Group LLC boosted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV – Free Report) by 9.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 60,364 shares of the company’s stock after acquiring an additional 5,151 shares during the quarter. Vanguard Mega Cap Value ETF accounts for approximately 3.1% of Mayfair Advisory Group LLC’s investment portfolio, making the stock its 7th biggest holding. Mayfair Advisory Group LLC owned 0.08% of Vanguard Mega Cap Value ETF worth $8,750,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Assetmark Inc. increased its position in shares of Vanguard Mega Cap Value ETF by 2.1% during the fourth quarter. Assetmark Inc. now owns 15,430,686 shares of the company’s stock valued at $2,178,196,000 after acquiring an additional 312,445 shares during the last quarter. Bank of America Corp DE increased its stake 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 worth $575,265,000 after purchasing an additional 319,194 shares in the last quarter. Ameriprise Financial Inc. raised 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 acquiring an additional 298,993 shares during the period. UBS Group AG lifted its holdings in Vanguard Mega Cap Value ETF by 2.6% during the 4th quarter. UBS Group AG now owns 1,799,402 shares of the company’s stock worth $254,004,000 after purchasing an additional 45,410 shares in the last quarter. Finally, Merit Financial Group LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 51.7% in the fourth quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock valued at $178,111,000 after acquiring an additional 429,853 shares during the period.
Vanguard Mega Cap Value ETF Stock Performance
NYSEARCA:MGV opened at $163.20 on Friday. The firm has a market capitalization of $12.70 billion, a price-to-earnings ratio of 18.48 and a beta of 0.73. The stock has a fifty day moving average of $156.54 and a 200 day moving average of $150.21. Vanguard Mega Cap Value ETF has a 52-week low of $128.84 and a 52-week high of $166.02.
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.
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