Kickstand Ventures LLC. Invests $14.98 Million in Vanguard Mega Cap Value ETF $MGV

Kickstand Ventures LLC. acquired a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 114,168 shares of the company’s stock, valued at approximately $14,979,000. Vanguard Mega Cap Value ETF comprises about 3.5% of Kickstand Ventures LLC.’s holdings, making the stock its 6th largest position. Kickstand Ventures LLC. owned approximately 0.16% of Vanguard Mega Cap Value ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. increased its holdings in shares of Vanguard Mega Cap Value ETF by 3.3% during the 1st quarter. Assetmark Inc. now owns 14,804,596 shares of the company’s stock worth $1,907,424,000 after buying an additional 467,392 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 2.5% during the 1st quarter. LPL Financial LLC now owns 976,948 shares of the company’s stock worth $125,870,000 after buying an additional 23,685 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 51.6% during the 1st quarter. HighTower Advisors LLC now owns 712,570 shares of the company’s stock worth $91,807,000 after buying an additional 242,459 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Vanguard Mega Cap Value ETF by 10.1% during the 1st quarter. Royal Bank of Canada now owns 673,415 shares of the company’s stock worth $86,763,000 after buying an additional 61,584 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in shares of Vanguard Mega Cap Value ETF by 0.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 393,189 shares of the company’s stock worth $50,658,000 after buying an additional 2,233 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.5%

MGV stock opened at $138.40 on Friday. The company has a market cap of $10.20 billion, a price-to-earnings ratio of 18.48 and a beta of 0.86. The business has a fifty day simple moving average of $134.58 and a 200-day simple moving average of $129.59. Vanguard Mega Cap Value ETF has a 52 week low of $112.25 and a 52 week high of $139.07.

Vanguard Mega Cap Value ETF Company Profile

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.