Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Acquired by Assetmark Inc.

Assetmark Inc. boosted its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,337,204 shares of the company’s stock after purchasing an additional 367,771 shares during the quarter. Vanguard Mega Cap Value ETF comprises about 4.9% of Assetmark Inc.’s portfolio, making the stock its 2nd biggest holding. Assetmark Inc. owned approximately 0.23% of Vanguard Mega Cap Value ETF worth $1,790,860,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brookstone Capital Management increased its holdings in shares of Vanguard Mega Cap Value ETF by 10.9% during the fourth quarter. Brookstone Capital Management now owns 3,971 shares of the company’s stock worth $496,000 after purchasing an additional 389 shares during the period. Principal Securities Inc. increased its stake in Vanguard Mega Cap Value ETF by 16.5% during the 4th quarter. Principal Securities Inc. now owns 2,272 shares of the company’s stock worth $284,000 after acquiring an additional 321 shares during the period. Apollon Wealth Management LLC acquired a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at $211,000. Stratos Wealth Partners LTD. lifted its position in shares of Vanguard Mega Cap Value ETF by 28.6% during the 4th quarter. Stratos Wealth Partners LTD. now owns 4,263 shares of the company’s stock valued at $533,000 after acquiring an additional 948 shares during the period. Finally, Park Avenue Securities LLC lifted its position in shares of Vanguard Mega Cap Value ETF by 13.0% during the 4th quarter. Park Avenue Securities LLC now owns 2,056 shares of the company’s stock valued at $257,000 after acquiring an additional 236 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA MGV opened at $128.71 on Wednesday. The stock has a market capitalization of $8.64 billion, a P/E ratio of 20.60 and a beta of 0.86. The stock’s fifty day moving average is $129.12 and its 200 day moving average is $128.60. Vanguard Mega Cap Value ETF has a 52 week low of $113.36 and a 52 week high of $133.82.

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.