Vanguard Mega Cap Value ETF $MGV Shares Purchased by Crumly & Associates Inc.

Crumly & Associates Inc. raised its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 7.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 76,747 shares of the company’s stock after acquiring an additional 5,382 shares during the period. Vanguard Mega Cap Value ETF makes up 2.4% of Crumly & Associates Inc.’s investment portfolio, making the stock its 13th largest position. Crumly & Associates Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $12,544,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in MGV. Merit Financial Group LLC lifted its holdings in shares of Vanguard Mega Cap Value ETF by 51.7% during 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 period. Wellington Management Group LLP purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth about $46,132,000. Strategic Investment Advisors MI grew its holdings in shares of Vanguard Mega Cap Value ETF by 3,318,590.0% during the 4th quarter. Strategic Investment Advisors MI now owns 331,869 shares of the company’s stock worth $46,879,000 after purchasing an additional 331,859 shares during the period. Bank of America Corp DE raised its holdings in 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 valued at $575,265,000 after buying an additional 319,194 shares during the period. Finally, Assetmark Inc. raised its holdings in Vanguard Mega Cap Value ETF by 2.1% in the fourth quarter. Assetmark Inc. now owns 15,430,686 shares of the company’s stock valued at $2,178,196,000 after buying an additional 312,445 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $166.79 on Friday. The firm has a market cap of $13.45 billion, a P/E ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 1 year low of $130.72 and a 1 year high of $167.30. The stock has a 50-day simple moving average of $162.66 and a 200-day simple moving average of $154.59.

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.