WFA Asset Management Corp Increases Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

WFA Asset Management Corp boosted its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 93.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 474 shares of the company’s stock after purchasing an additional 229 shares during the quarter. WFA Asset Management Corp’s holdings in Vanguard Mega Cap Value ETF were worth $61,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Breakwater Capital Group grew its position in Vanguard Mega Cap Value ETF by 39.6% during the 3rd quarter. Breakwater Capital Group now owns 63,657 shares of the company’s stock valued at $8,166,000 after purchasing an additional 18,046 shares during the last quarter. Raymond James & Associates lifted its stake in Vanguard Mega Cap Value ETF by 2.9% during the 2nd quarter. Raymond James & Associates now owns 506,821 shares of the company’s stock valued at $60,058,000 after acquiring an additional 14,355 shares during the period. Bank of New York Mellon Corp lifted its stake in Vanguard Mega Cap Value ETF by 89.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,970 shares of the company’s stock valued at $470,000 after acquiring an additional 1,878 shares during the period. &PARTNERS lifted its stake in Vanguard Mega Cap Value ETF by 39.1% during the 2nd quarter. &PARTNERS now owns 4,986 shares of the company’s stock valued at $591,000 after acquiring an additional 1,402 shares during the period. Finally, Calton & Associates Inc. lifted its stake in Vanguard Mega Cap Value ETF by 123.6% during the 3rd quarter. Calton & Associates Inc. now owns 10,786 shares of the company’s stock valued at $1,384,000 after acquiring an additional 5,962 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

MGV opened at $126.64 on Monday. The stock has a market capitalization of $7.85 billion, a P/E ratio of 18.88 and a beta of 0.66. The company’s 50-day simple moving average is $127.57 and its two-hundred day simple moving average is $122.28. Vanguard Mega Cap Value ETF has a 52-week low of $99.95 and a 52-week high of $131.09.

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.