Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Short Interest Update

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 97,132 shares, a drop of 52.6% from the August 31st total of 204,860 shares. Based on an average daily trading volume, of 273,339 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Vanguard Mega Cap Value ETF Stock Down 0.9%

Shares of MGV traded down $1.42 on Wednesday, reaching $161.09. The stock had a trading volume of 230,906 shares, compared to its average volume of 259,898. Vanguard Mega Cap Value ETF has a twelve month low of $135.26 and a twelve month high of $169.84. The firm has a market capitalization of $13.26 billion, a PE ratio of 18.48 and a beta of 0.72. The firm has a 50-day moving average of $166.05 and a 200 day moving average of $158.88.

Institutional Trading of Vanguard Mega Cap Value ETF

Large investors have recently made changes to their positions in the stock. QRG Capital Management Inc. purchased a new position in Vanguard Mega Cap Value ETF in the 2nd quarter valued at about $256,000. Silicon Valley Capital Partners raised its position in shares of Vanguard Mega Cap Value ETF by 0.4% in the second quarter. Silicon Valley Capital Partners now owns 15,567 shares of the company’s stock valued at $2,544,000 after buying an additional 68 shares during the last quarter. Bullseye Investment Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF in the second quarter valued at approximately $40,000. NewEdge Advisors LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 18.8% during the second quarter. NewEdge Advisors LLC now owns 10,863 shares of the company’s stock valued at $1,776,000 after buying an additional 1,717 shares during the period. Finally, Baird Financial Group Inc. lifted its stake in shares of Vanguard Mega Cap Value ETF by 1.0% during the second quarter. Baird Financial Group Inc. now owns 387,221 shares of the company’s stock valued at $63,291,000 after buying an additional 3,737 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.