Apriem Advisors Increases Holdings in Vanguard Mega Cap Value ETF $MGV

Apriem Advisors raised its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 253,265 shares of the company’s stock after acquiring an additional 5,181 shares during the period. Vanguard Mega Cap Value ETF comprises about 3.3% of Apriem Advisors’ investment portfolio, making the stock its 9th largest position. Apriem Advisors owned 0.33% of Vanguard Mega Cap Value ETF worth $35,751,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. Assetmark Inc. boosted its stake in Vanguard Mega Cap Value ETF by 2.1% in the fourth quarter. Assetmark Inc. now owns 15,430,686 shares of the company’s stock worth $2,178,196,000 after purchasing an additional 312,445 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Vanguard Mega Cap Value ETF by 7.9% during the second quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock worth $575,265,000 after purchasing an additional 319,194 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Vanguard Mega Cap Value ETF by 17.2% during the third quarter. Ameriprise Financial Inc. now owns 2,042,106 shares of the company’s stock worth $281,261,000 after purchasing an additional 298,993 shares during the last quarter. UBS Group AG grew its holdings in shares of Vanguard Mega Cap Value ETF by 2.6% during the fourth quarter. UBS Group AG now owns 1,799,402 shares of the company’s stock worth $254,004,000 after purchasing an additional 45,410 shares during the last quarter. Finally, Merit Financial Group LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 51.7% during the fourth quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock worth $178,111,000 after purchasing an additional 429,853 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV stock opened at $162.14 on Friday. The stock’s fifty day moving average is $153.54 and its 200-day moving average is $148.59. The stock has a market capitalization of $12.62 billion, a PE ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a 52 week low of $127.95 and a 52 week high of $162.49.

Vanguard Mega Cap Value ETF 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.