Rehmann Capital Advisory Group Lowers Stock Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Rehmann Capital Advisory Group trimmed its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGVFree Report) by 6.3% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 5,530 shares of the company’s stock after selling 373 shares during the period. Rehmann Capital Advisory Group’s holdings in Vanguard Mega Cap Value ETF were worth $661,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. raised its position in Vanguard Mega Cap Value ETF by 4.9% in the fourth quarter. Assetmark Inc. now owns 12,198,218 shares of the company’s stock worth $1,334,119,000 after acquiring an additional 572,217 shares during the period. Morgan Stanley lifted its stake in Vanguard Mega Cap Value ETF by 7.6% in the third quarter. Morgan Stanley now owns 2,656,447 shares of the company’s stock valued at $269,364,000 after purchasing an additional 186,705 shares during the last quarter. Harbour Investments Inc. grew its holdings in Vanguard Mega Cap Value ETF by 6,023.8% during the fourth quarter. Harbour Investments Inc. now owns 154,810 shares of the company’s stock valued at $16,932,000 after purchasing an additional 152,282 shares during the period. SG Americas Securities LLC purchased a new stake in Vanguard Mega Cap Value ETF in the fourth quarter worth $9,580,000. Finally, Kestra Advisory Services LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 43.6% in the fourth quarter. Kestra Advisory Services LLC now owns 280,345 shares of the company’s stock valued at $30,661,000 after buying an additional 85,138 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV traded up $0.76 during trading on Wednesday, reaching $119.54. 158,231 shares of the stock traded hands, compared to its average volume of 173,709. The company has a 50-day moving average of $118.36 and a 200-day moving average of $115.37. Vanguard Mega Cap Value ETF has a 52-week low of $96.77 and a 52-week high of $120.78. The stock has a market capitalization of $7.41 billion, a P/E ratio of 18.88 and a beta of 0.66.

Vanguard Mega Cap Value ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

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