Vanguard Mega Cap Value ETF $MGV Holdings Increased by Parallel Advisors LLC

Parallel Advisors LLC lifted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6,043.9% in the third quarter, Holdings Channel reports. The fund owned 152,615 shares of the company’s stock after purchasing an additional 150,131 shares during the quarter. Parallel Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $24,585,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MGV. Assetmark Inc. increased its stake in Vanguard Mega Cap Value ETF by 1.1% during the first quarter. Assetmark Inc. now owns 15,596,695 shares of the company’s stock worth $2,260,741,000 after acquiring an additional 166,009 shares during the last quarter. Bank of America Corp DE raised its position in Vanguard Mega Cap Value ETF by 2.6% during the first quarter. Bank of America Corp DE now owns 4,639,212 shares of the company’s stock valued at $672,454,000 after purchasing an additional 117,605 shares during the period. Black Diamond Financial LLC raised its position in Vanguard Mega Cap Value ETF by 2.9% during the third quarter. Black Diamond Financial LLC now owns 779,389 shares of the company’s stock valued at $125,552,000 after purchasing an additional 22,160 shares during the period. BTG Pactual Asset Management US LLC raised its position in Vanguard Mega Cap Value ETF by 238.0% during the second quarter. BTG Pactual Asset Management US LLC now owns 724,232 shares of the company’s stock valued at $118,376,000 after purchasing an additional 509,956 shares during the period. Finally, Vantagepoint Investment Advisers LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at approximately $118,104,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV traded down $0.48 during trading on Friday, hitting $165.33. The company had a trading volume of 350,653 shares, compared to its average volume of 261,570. The stock has a market cap of $13.94 billion, a price-to-earnings ratio of 20.06 and a beta of 0.71. The company has a fifty day simple moving average of $165.56 and a two-hundred day simple moving average of $158.32. Vanguard Mega Cap Value ETF has a one year low of $135.48 and a one year high of $172.07.

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.