Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Short Interest Update

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 97,132 shares, a drop of 52.6% from the August 31st total of 204,860 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 273,339 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Vanguard Mega Cap Value ETF

A number of institutional investors have recently added to or reduced their stakes in MGV. QRG Capital Management Inc. acquired a new stake in shares of Vanguard Mega Cap Value ETF in the second quarter valued at about $256,000. Silicon Valley Capital Partners increased its stake in shares of Vanguard Mega Cap Value ETF by 0.4% during the second quarter. Silicon Valley Capital Partners now owns 15,567 shares of the company’s stock worth $2,544,000 after purchasing an additional 68 shares in the last quarter. Bullseye Investment Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth about $40,000. NewEdge Advisors LLC raised its position in shares of Vanguard Mega Cap Value ETF by 18.8% during the 2nd quarter. NewEdge Advisors LLC now owns 10,863 shares of the company’s stock worth $1,776,000 after purchasing an additional 1,717 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its stake in Vanguard Mega Cap Value ETF by 1.0% in the 2nd quarter. Baird Financial Group Inc. now owns 387,221 shares of the company’s stock valued at $63,291,000 after buying an additional 3,737 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of Vanguard Mega Cap Value ETF stock traded down $0.74 on Thursday, hitting $160.35. The company’s stock had a trading volume of 63,988 shares, compared to its average volume of 258,756. The company has a market capitalization of $13.20 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 1 year low of $135.26 and a 1 year high of $169.84. The firm has a fifty day moving average price of $166.01 and a 200-day moving average price of $158.98.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.