Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 4.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 292,402 shares of the company’s stock after acquiring an additional 13,652 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.47% of Vanguard Mega Cap Value ETF worth $36,524,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Financial Life Planners acquired a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at $34,000. Tanglewood Legacy Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at $54,000. Mascoma Wealth Management LLC acquired a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at $74,000. Sachetta LLC acquired a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at $95,000. Finally, Legacy Investment Solutions LLC acquired a new position in Vanguard Mega Cap Value ETF in the 3rd quarter valued at $108,000.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV opened at $127.48 on Friday. The stock has a market capitalization of $8.64 billion, a P/E ratio of 20.16 and a beta of 0.85. The company’s fifty day moving average is $129.51 and its two-hundred day moving average is $128.71. Vanguard Mega Cap Value ETF has a 1 year low of $113.36 and a 1 year high of $133.82.

Vanguard Mega Cap Value ETF 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.