Addison Advisors LLC Makes New $388,000 Investment in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Addison Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,275 shares of the company’s stock, valued at approximately $388,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Assetmark Inc. increased its holdings in Vanguard Mega Cap Value ETF by 4.9% in the 4th quarter. Assetmark Inc. now owns 12,198,218 shares of the company’s stock worth $1,334,119,000 after buying an additional 572,217 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in Vanguard Mega Cap Value ETF by 1.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 310,546 shares of the company’s stock worth $37,113,000 after purchasing an additional 5,753 shares during the last quarter. Harbour Investments Inc. boosted its position in Vanguard Mega Cap Value ETF by 6,023.8% in the fourth quarter. Harbour Investments Inc. now owns 154,810 shares of the company’s stock worth $16,932,000 after purchasing an additional 152,282 shares during the last quarter. D.A. Davidson & CO. boosted its position in Vanguard Mega Cap Value ETF by 10.0% in the fourth quarter. D.A. Davidson & CO. now owns 73,695 shares of the company’s stock worth $8,060,000 after purchasing an additional 6,695 shares during the last quarter. Finally, Raymond James & Associates boosted its position in Vanguard Mega Cap Value ETF by 2.9% in the second quarter. Raymond James & Associates now owns 506,821 shares of the company’s stock worth $60,058,000 after purchasing an additional 14,355 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Down 0.6 %

NYSEARCA:MGV traded down $0.71 on Friday, hitting $124.33. The stock had a trading volume of 55,970 shares, compared to its average volume of 181,729. The stock has a market cap of $7.70 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. The business’s 50-day simple moving average is $122.22 and its two-hundred day simple moving average is $118.90. Vanguard Mega Cap Value ETF has a 52-week low of $96.77 and a 52-week high of $127.57.

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.