International Assets Investment Management LLC Takes $330,000 Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

International Assets Investment Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,560 shares of the company’s stock, valued at approximately $330,000.

Several other large investors have also added to or reduced their stakes in MGV. Ameriflex Group Inc. purchased a new position in shares of Vanguard Mega Cap Value ETF during the fourth quarter worth about $29,000. Allianz SE bought a new stake in Vanguard Mega Cap Value ETF during the fourth quarter valued at approximately $38,000. Coppell Advisory Solutions LLC grew its stake in Vanguard Mega Cap Value ETF by 316.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 329 shares of the company’s stock worth $41,000 after buying an additional 250 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in Vanguard Mega Cap Value ETF by 144.9% in the 4th quarter. TD Waterhouse Canada Inc. now owns 338 shares of the company’s stock worth $42,000 after buying an additional 200 shares in the last quarter. Finally, Beacon Capital Management LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 339.6% in the 1st quarter. Beacon Capital Management LLC now owns 444 shares of the company’s stock worth $57,000 after buying an additional 343 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.3%

NYSEARCA MGV opened at $131.25 on Friday. The stock’s 50-day simple moving average is $126.40 and its two-hundred day simple moving average is $127.03. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $133.82. The company has a market capitalization of $9.49 billion, a price-to-earnings ratio of 18.98 and a beta of 0.86.

About Vanguard Mega Cap Value ETF

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.