Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Hits New 52-Week High at $82.36

Vanguard Mega Cap Value ETF (NYSEARCA:MGV) shares hit a new 52-week high on Friday . The company traded as high as $82.36 and last traded at $82.14, with a volume of 70829 shares trading hands. The stock had previously closed at $81.94.

The business’s 50 day moving average is $79.38 and its two-hundred day moving average is $79.36.

A number of institutional investors and hedge funds have recently made changes to their positions in MGV. Commonwealth Equity Services LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 8.2% during the first quarter. Commonwealth Equity Services LLC now owns 60,047 shares of the company’s stock worth $4,685,000 after acquiring an additional 4,545 shares in the last quarter. Ferris Capital LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 20.4% during the second quarter. Ferris Capital LLC now owns 62,221 shares of the company’s stock worth $5,009,000 after acquiring an additional 10,534 shares in the last quarter. KC Investment Advisors LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 5.4% during the first quarter. KC Investment Advisors LLC now owns 13,896 shares of the company’s stock worth $1,084,000 after acquiring an additional 708 shares in the last quarter. Paradigm Financial Advisors LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the second quarter worth approximately $204,000. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Vanguard Mega Cap Value ETF by 40.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 27,573 shares of the company’s stock worth $2,152,000 after acquiring an additional 7,878 shares in the last quarter.

About Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

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.

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