Vanguard Mega Cap Value ETF Sees $230.7 Million Inflow This Week

In examining week-over-week changes in shares outstanding among ETFs, the Vanguard Mega Cap Value ETF (Symbol: MGV) stands out. This fund has seen an inflow of approximately $230.7 million, reflecting a 2.7% increase in outstanding units, rising from 68,416,171 to 70,266,171. Key holdings within MGV include UnitedHealth Group Inc (Symbol: UNH), which is down about 0.7%, Philip Morris International Inc (Symbol: PM), down about 0.6%, and Abbott Laboratories (Symbol: ABT), which has risen by approximately 0.4%. A complete list of holdings can be found on the MGV Holdings page.

The chart below illustrates MGV’s one-year price performance compared to its 200-day moving average:

According to the chart, MGV’s 52-week low is $112.25 per share, while its high is $133.82, with recently traded price around $124.70. Analyzing the current share price alongside the 200-day moving average can offer valuable insights for investors.

Exchange-traded funds (ETFs) operate like stocks, but instead of “shares,” investors purchase “units.” These units can be traded like stocks but can also be created or destroyed based on investor demand. Each week, we track changes in shares outstanding to identify ETFs experiencing significant inflows (new units created) or outflows (old units destroyed). When new units are created, the underlying assets of the ETF must be purchased, while the destruction of units involves selling assets, impacting the individual components held within the ETF.

You can find additional information on which nine other ETFs experienced notable inflows.

Also see:

• Department Stores Dividend Stocks
• Institutional Holders of UFI
• Funds Holding PDS

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of any other entity.