Financial Life Planners Buys New Shares in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Financial Life Planners purchased a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 269 shares of the company’s stock, valued at approximately $34,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of MGV. Bank of Montreal Can raised its stake in Vanguard Mega Cap Value ETF by 2.3% during the 2nd quarter. Bank of Montreal Can now owns 7,660 shares of the company’s stock worth $917,000 after acquiring an additional 174 shares during the period. AQR Capital Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter valued at $255,000. Truist Financial Corp boosted its holdings in Vanguard Mega Cap Value ETF by 10.9% in the 2nd quarter. Truist Financial Corp now owns 14,437 shares of the company’s stock worth $1,711,000 after buying an additional 1,419 shares during the period. Cetera Investment Advisers increased its stake in Vanguard Mega Cap Value ETF by 3.9% in the 2nd quarter. Cetera Investment Advisers now owns 78,643 shares of the company’s stock worth $9,319,000 after buying an additional 2,957 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV bought a new stake in Vanguard Mega Cap Value ETF during the third quarter valued at about $36,000.

Vanguard Mega Cap Value ETF Stock Down 0.2 %

NYSEARCA MGV opened at $130.49 on Tuesday. Vanguard Mega Cap Value ETF has a twelve month low of $110.66 and a twelve month high of $133.82. The business has a 50-day moving average price of $128.35 and a 200-day moving average price of $127.08. The firm has a market cap of $8.09 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66.

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.