Stephens Inc. AR Acquires 6,515 Shares of Vanguard Mega Cap Value ETF $MGV

Stephens Inc. AR boosted its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 7.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,890 shares of the company’s stock after purchasing an additional 6,515 shares during the period. Stephens Inc. AR owned about 0.12% of Vanguard Mega Cap Value ETF worth $11,662,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its position in Vanguard Mega Cap Value ETF by 3.3% in the 1st quarter. Assetmark Inc. now owns 14,804,596 shares of the company’s stock valued at $1,907,424,000 after buying an additional 467,392 shares during the period. Praetorian Wealth Management Inc. purchased a new stake in Vanguard Mega Cap Value ETF during the second quarter valued at approximately $41,516,000. Pure Financial Advisors LLC purchased a new stake in Vanguard Mega Cap Value ETF during the first quarter valued at approximately $36,389,000. HighTower Advisors LLC increased its stake in Vanguard Mega Cap Value ETF by 51.6% during the 1st quarter. HighTower Advisors LLC now owns 712,570 shares of the company’s stock valued at $91,807,000 after purchasing an additional 242,459 shares in the last quarter. Finally, Kickstand Ventures LLC. acquired a new position in Vanguard Mega Cap Value ETF during the 2nd quarter valued at approximately $14,979,000.

Vanguard Mega Cap Value ETF Trading Up 0.8%

Shares of Vanguard Mega Cap Value ETF stock opened at $138.51 on Tuesday. Vanguard Mega Cap Value ETF has a 12-month low of $112.25 and a 12-month high of $139.07. The firm has a market capitalization of $10.29 billion, a price-to-earnings ratio of 18.48 and a beta of 0.86. The firm’s 50 day simple moving average is $135.98 and its two-hundred day simple moving average is $130.37.

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.