Johnson Investment Counsel Inc. Boosts Stock Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Johnson Investment Counsel Inc. lifted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGVFree Report) by 18.9% in the fourth quarter, HoldingsChannel reports. The firm owned 5,717 shares of the company’s stock after purchasing an additional 910 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $625,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealthfront Advisers LLC boosted its stake in Vanguard Mega Cap Value ETF by 2.5% during the third quarter. Wealthfront Advisers LLC now owns 58,717 shares of the company’s stock worth $5,954,000 after buying an additional 1,406 shares during the period. Orion Portfolio Solutions LLC bought a new position in Vanguard Mega Cap Value ETF in the third quarter worth about $223,000. Csenge Advisory Group raised its holdings in Vanguard Mega Cap Value ETF by 15.8% in the third quarter. Csenge Advisory Group now owns 3,229 shares of the company’s stock worth $327,000 after purchasing an additional 441 shares in the last quarter. Hazlett Burt & Watson Inc. grew its stake in shares of Vanguard Mega Cap Value ETF by 0.7% during the third quarter. Hazlett Burt & Watson Inc. now owns 15,522 shares of the company’s stock worth $1,576,000 after acquiring an additional 114 shares during the last quarter. Finally, RF&L Wealth Management LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF during the third quarter worth about $296,000.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV stock opened at $118.48 on Tuesday. Vanguard Mega Cap Value ETF has a fifty-two week low of $96.77 and a fifty-two week high of $119.69. The firm has a market capitalization of $7.27 billion, a price-to-earnings ratio of 18.51 and a beta of 0.68. The stock’s 50-day simple moving average is $116.63 and its 200-day simple moving average is $111.03.

Vanguard Mega Cap Value ETF Company 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.

Further Reading

Want to see what other hedge funds are holding MGV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mega Cap Value ETF (NYSEARCA:MGVFree Report).

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

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