Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Reaches New 52-Week High – What’s Next?

Vanguard Mega Cap Value ETF (NYSEARCA:MGV)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $140.36 and last traded at $140.1850, with a volume of 17882 shares traded. The stock had previously closed at $139.23.

Vanguard Mega Cap Value ETF Trading Up 0.8%

The firm has a market capitalization of $10.43 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80. The firm has a 50 day moving average price of $137.22 and a two-hundred day moving average price of $132.45.

Institutional Investors Weigh In On Vanguard Mega Cap Value ETF

Institutional investors have recently bought and sold shares of the business. Cvfg LLC grew its position in Vanguard Mega Cap Value ETF by 3.5% during the 3rd quarter. Cvfg LLC now owns 2,220 shares of the company’s stock worth $306,000 after purchasing an additional 75 shares in the last quarter. Visionary Wealth Advisors grew its stake in shares of Vanguard Mega Cap Value ETF by 1.0% in the 2nd quarter. Visionary Wealth Advisors now owns 8,107 shares of the company’s stock valued at $1,064,000 after buying an additional 82 shares in the last quarter. Choreo LLC lifted its position in shares of Vanguard Mega Cap Value ETF by 0.5% in the third quarter. Choreo LLC now owns 18,390 shares of the company’s stock worth $2,546,000 after buying an additional 83 shares during the last quarter. Betterment LLC boosted its position in Vanguard Mega Cap Value ETF by 3.4% during the second quarter. Betterment LLC now owns 2,730 shares of the company’s stock worth $358,000 after purchasing an additional 90 shares during the period. Finally, NorthRock Partners LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 100.0% in the second quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 94 shares during the period.

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.