Vanguard Mega Cap Value ETF $MGV is Assetmark Inc.’s 2nd Largest Position

Assetmark Inc. decreased its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.4% during the third quarter, Holdings Channel reports. The fund owned 15,118,241 shares of the company’s stock after selling 63,939 shares during the period. Vanguard Mega Cap Value ETF comprises approximately 4.5% of Assetmark Inc.’s investment portfolio, making the stock its 2nd biggest position. Assetmark Inc. owned approximately 0.20% of Vanguard Mega Cap Value ETF worth $2,082,387,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. NorthRock Partners LLC grew its stake in shares of Vanguard Mega Cap Value ETF by 100.0% during the 2nd quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 94 shares during the period. Cornerstone Planning Group LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the third quarter worth approximately $28,000. Kilter Group LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the second quarter worth approximately $29,000. Root Financial Partners LLC bought a new stake in Vanguard Mega Cap Value ETF during the third quarter valued at approximately $29,000. Finally, Dynamic Wealth Strategies LLC purchased a new stake in Vanguard Mega Cap Value ETF during the second quarter valued at approximately $30,000.

Vanguard Mega Cap Value ETF Trading Down 1.0%

MGV opened at $151.70 on Friday. The firm’s 50 day simple moving average is $145.16 and its two-hundred day simple moving average is $139.34. The company has a market capitalization of $11.54 billion, a PE ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $154.03.

Vanguard Mega Cap Value ETF Company 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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.