Johnson Investment Counsel Inc. Has $752,000 Stock Position in Vanguard Mega Cap Value ETF $MGV

Johnson Investment Counsel Inc. increased its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,729 shares of the company’s stock after purchasing an additional 211 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $752,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MGV. Wealth Enhancement Advisory Services LLC increased its position in Vanguard Mega Cap Value ETF by 79.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 74,702 shares of the company’s stock worth $9,625,000 after purchasing an additional 33,001 shares during the period. Sowell Financial Services LLC acquired a new stake in Vanguard Mega Cap Value ETF in the first quarter worth about $1,739,000. Wagner Wealth Management LLC acquired a new stake in Vanguard Mega Cap Value ETF in the first quarter worth about $631,000. Global Trust Asset Management LLC increased its position in Vanguard Mega Cap Value ETF by 30.7% in the first quarter. Global Trust Asset Management LLC now owns 6,500 shares of the company’s stock worth $837,000 after purchasing an additional 1,525 shares during the period. Finally, Prosperity Wealth Management Inc. increased its position in Vanguard Mega Cap Value ETF by 7.8% in the first quarter. Prosperity Wealth Management Inc. now owns 2,194 shares of the company’s stock worth $283,000 after purchasing an additional 159 shares during the period.

Vanguard Mega Cap Value ETF Stock Up 0.8%

Shares of MGV stock opened at $137.57 on Wednesday. The stock has a 50-day moving average price of $135.44 and a 200 day moving average price of $130.00. The firm has a market cap of $10.22 billion, a price-to-earnings ratio of 18.48 and a beta of 0.86. Vanguard Mega Cap Value ETF has a 12 month low of $112.25 and a 12 month high of $139.07.

Vanguard Mega Cap Value ETF 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.