Mather Group LLC. Acquires 36,998 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Mather Group LLC. boosted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1,949.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 38,896 shares of the company’s stock after purchasing an additional 36,998 shares during the quarter. Mather Group LLC.’s holdings in Vanguard Mega Cap Value ETF were worth $4,648,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Assetmark Inc. grew its position 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 purchasing an additional 572,217 shares in the last quarter. Lincoln National Corp increased its position in shares of Vanguard Mega Cap Value ETF by 2.9% during the fourth quarter. Lincoln National Corp now owns 1,982,185 shares of the company’s stock valued at $216,792,000 after acquiring an additional 56,327 shares during the last quarter. UBS Group AG lifted its holdings in Vanguard Mega Cap Value ETF by 2.6% during the fourth quarter. UBS Group AG now owns 1,809,070 shares of the company’s stock worth $197,858,000 after acquiring an additional 46,398 shares during the period. Sequoia Financial Advisors LLC boosted its position in Vanguard Mega Cap Value ETF by 9.6% in the first quarter. Sequoia Financial Advisors LLC now owns 595,968 shares of the company’s stock worth $71,224,000 after purchasing an additional 52,053 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in Vanguard Mega Cap Value ETF by 4.6% in the 4th quarter. Wells Fargo & Company MN now owns 552,615 shares of the company’s stock valued at $60,440,000 after purchasing an additional 24,192 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV traded up $0.75 during mid-day trading on Tuesday, reaching $118.75. 412,964 shares of the company’s stock were exchanged, compared to its average volume of 182,886. The firm has a 50-day moving average price of $119.79 and a two-hundred day moving average price of $117.03. The firm has a market capitalization of $7.36 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 52 week low of $96.77 and a 52 week high of $124.57.

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.