Wealthfront Advisers LLC Buys 4,872 Shares of Vanguard Mega Cap Value ETF $MGV

Wealthfront Advisers LLC boosted its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGVFree Report) by 7.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 69,186 shares of the company’s stock after buying an additional 4,872 shares during the period. Wealthfront Advisers LLC owned approximately 0.09% of Vanguard Mega Cap Value ETF worth $10,029,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of MGV. Merit Financial Group LLC increased its position in Vanguard Mega Cap Value ETF by 51.7% during the fourth quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock valued at $178,111,000 after acquiring an additional 429,853 shares during the last quarter. Wellington Management Group LLP bought a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter worth about $46,132,000. Strategic Investment Advisors MI boosted its stake in shares of Vanguard Mega Cap Value ETF by 3,318,590.0% during the 4th quarter. Strategic Investment Advisors MI now owns 331,869 shares of the company’s stock worth $46,879,000 after purchasing an additional 331,859 shares during the period. Bank of America Corp DE boosted its stake in shares of Vanguard Mega Cap Value ETF by 7.9% during the 2nd quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock worth $575,265,000 after purchasing an additional 319,194 shares during the period. Finally, Assetmark Inc. boosted its stake in shares of Vanguard Mega Cap Value ETF by 2.1% during the 4th quarter. Assetmark Inc. now owns 15,430,686 shares of the company’s stock worth $2,178,196,000 after purchasing an additional 312,445 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Vanguard Mega Cap Value ETF stock opened at $161.83 on Friday. Vanguard Mega Cap Value ETF has a 1-year low of $128.84 and a 1-year high of $166.02. The firm has a market capitalization of $13.05 billion, a P/E ratio of 18.48 and a beta of 0.72. The company’s 50-day moving average is $160.18 and its 200 day moving average is $152.48.

Vanguard Mega Cap Value ETF Profile

(Free Report)

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.

Further Reading

Institutional Ownership by Quarter for Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

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