Vanguard Mega Cap Value ETF (NYSEARCA:MGV) is Zeit Capital LLC’s Largest Position

Zeit Capital LLC reduced its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 12.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 184,846 shares of the company’s stock after selling 26,930 shares during the period. Vanguard Mega Cap Value ETF makes up 18.6% of Zeit Capital LLC’s portfolio, making the stock its biggest position. Zeit Capital LLC owned approximately 0.30% of Vanguard Mega Cap Value ETF worth $24,294,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of MGV. Assetmark Inc. lifted its position in Vanguard Mega Cap Value ETF by 2.6% in the 4th quarter. Assetmark Inc. now owns 14,337,204 shares of the company’s stock valued at $1,790,860,000 after acquiring an additional 367,771 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Vanguard Mega Cap Value ETF by 0.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,266,543 shares of the company’s stock worth $158,204,000 after purchasing an additional 5,786 shares during the last quarter. Black Diamond Financial LLC lifted its holdings in shares of Vanguard Mega Cap Value ETF by 1.6% during the fourth quarter. Black Diamond Financial LLC now owns 701,296 shares of the company’s stock valued at $87,599,000 after purchasing an additional 11,158 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Mega Cap Value ETF during the fourth quarter valued at $84,153,000. Finally, Merit Financial Group LLC increased its holdings in Vanguard Mega Cap Value ETF by 7.8% in the 4th quarter. Merit Financial Group LLC now owns 582,474 shares of the company’s stock worth $72,757,000 after buying an additional 42,119 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV opened at $128.35 on Tuesday. The firm has a market cap of $8.69 billion, a price-to-earnings ratio of 20.16 and a beta of 0.85. The business has a 50-day simple moving average of $129.39 and a two-hundred day simple moving average of $128.73. Vanguard Mega Cap Value ETF has a fifty-two week low of $113.36 and a fifty-two 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.