D.A. Davidson & CO. Buys New Stake in Vanguard Mega Cap Value ETF $MGV

D.A. Davidson & CO. acquired a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 69,138 shares of the company’s stock, valued at approximately $11,138,000. D.A. Davidson & CO. owned approximately 0.08% of Vanguard Mega Cap Value ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ICONIQ Capital LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth approximately $1,192,000. Baird Financial Group Inc. raised its position in shares of Vanguard Mega Cap Value ETF by 1.0% in the 2nd quarter. Baird Financial Group Inc. now owns 387,221 shares of the company’s stock worth $63,291,000 after acquiring an additional 3,737 shares in the last quarter. Greenleaf Trust bought a new position in shares of Vanguard Mega Cap Value ETF in the 2nd quarter worth approximately $307,000. Piedmont Capital Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the 2nd quarter valued at approximately $18,379,000. Finally, Praetorian Wealth Management Inc. lifted its stake in shares of Vanguard Mega Cap Value ETF by 2.9% in the 2nd quarter. Praetorian Wealth Management Inc. now owns 379,594 shares of the company’s stock valued at $62,045,000 after purchasing an additional 10,854 shares during the period.

Vanguard Mega Cap Value ETF Stock Down 0.5%

NYSEARCA MGV opened at $169.00 on Friday. Vanguard Mega Cap Value ETF has a twelve month low of $135.48 and a twelve month high of $170.56. The firm has a market capitalization of $14.14 billion, a PE ratio of 18.48 and a beta of 0.72. The stock’s 50 day moving average is $165.56 and its 200 day moving average is $157.77.

Vanguard Mega Cap Value ETF Company 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

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

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