Integrated Capital Management LLC Boosts Stake in Vanguard Mega Cap Value ETF $MGV

Integrated Capital Management LLC increased its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 206,175 shares of the company’s stock after purchasing an additional 5,077 shares during the period. Vanguard Mega Cap Value ETF makes up 12.6% of Integrated Capital Management LLC’s portfolio, making the stock its 2nd biggest position. Integrated Capital Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $29,885,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in MGV. Assetmark Inc. boosted its stake in Vanguard Mega Cap Value ETF by 2.1% in the 4th 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 in the last quarter. Bank of America Corp DE increased its holdings in Vanguard Mega Cap Value ETF by 7.9% during the 2nd quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock valued at $575,265,000 after purchasing an additional 319,194 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Mega Cap Value ETF by 17.2% in the third quarter. Ameriprise Financial Inc. now owns 2,042,106 shares of the company’s stock valued at $281,261,000 after buying an additional 298,993 shares during the last quarter. UBS Group AG raised its stake in shares of Vanguard Mega Cap Value ETF by 2.6% in the fourth quarter. UBS Group AG now owns 1,799,402 shares of the company’s stock worth $254,004,000 after acquiring an additional 45,410 shares during the last quarter. Finally, Merit Financial Group LLC boosted its position in Vanguard Mega Cap Value ETF by 51.7% in the 4th quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock valued at $178,111,000 after buying an additional 429,853 shares during the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $162.69 on Wednesday. Vanguard Mega Cap Value ETF has a fifty-two week low of $128.84 and a fifty-two week high of $164.40. The firm has a market capitalization of $12.66 billion, a P/E ratio of 18.48 and a beta of 0.73. The company’s 50 day simple moving average is $155.70 and its 200 day simple moving average is $149.79.

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.