Howe & Rusling Inc. Increases Stock Holdings in Vanguard Mega Cap Value ETF $MGV

Howe & Rusling Inc. lifted its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 12.1% in the 1st quarter, HoldingsChannel reports. The firm owned 68,376 shares of the company’s stock after buying an additional 7,376 shares during the quarter. Howe & Rusling Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $9,911,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of MGV. Revisor Wealth Management LLC increased its position in shares of Vanguard Mega Cap Value ETF by 6.8% during the first quarter. Revisor Wealth Management LLC now owns 14,113 shares of the company’s stock valued at $2,046,000 after buying an additional 899 shares during the period. World Investment Advisors lifted its holdings in Vanguard Mega Cap Value ETF by 3.6% in the first quarter. World Investment Advisors now owns 7,955 shares of the company’s stock worth $1,153,000 after buying an additional 277 shares during the period. Private Advisor Group LLC boosted its position in Vanguard Mega Cap Value ETF by 2.6% during the 1st quarter. Private Advisor Group LLC now owns 97,914 shares of the company’s stock valued at $14,193,000 after acquiring an additional 2,465 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its position in Vanguard Mega Cap Value ETF by 153.4% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 7,987 shares of the company’s stock valued at $1,158,000 after acquiring an additional 4,835 shares in the last quarter. Finally, Trademark Financial Management LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 30.7% during the 1st quarter. Trademark Financial Management LLC now owns 35,403 shares of the company’s stock worth $5,132,000 after acquiring an additional 8,323 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV opened at $164.03 on Friday. Vanguard Mega Cap Value ETF has a 52-week low of $128.84 and a 52-week high of $166.02. The firm has a market capitalization of $13.03 billion, a P/E ratio of 18.48 and a beta of 0.72. The stock has a 50 day moving average price of $157.91 and a 200-day moving average price of $151.00.

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.