Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Stock Position Increased by World Investment Advisors

World Investment Advisors grew its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 12.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,962 shares of the company’s stock after purchasing an additional 987 shares during the period. World Investment Advisors’ holdings in Vanguard Mega Cap Value ETF were worth $1,119,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Wealthfront Advisers LLC grew its holdings in Vanguard Mega Cap Value ETF by 40,868.2% in the 4th quarter. Wealthfront Advisers LLC now owns 27,161,100 shares of the company’s stock worth $3,392,693,000 after buying an additional 27,094,802 shares in the last quarter. Assetmark Inc. boosted its position in Vanguard Mega Cap Value ETF by 2.6% during the 4th quarter. Assetmark Inc. now owns 14,337,204 shares of the company’s stock worth $1,790,860,000 after acquiring an additional 367,771 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Vanguard Mega Cap Value ETF by 0.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,266,543 shares of the company’s stock worth $158,204,000 after purchasing an additional 5,786 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 6.0% during the fourth quarter. LPL Financial LLC now owns 953,263 shares of the company’s stock valued at $119,072,000 after purchasing an additional 54,072 shares during the period. Finally, Black Diamond Financial LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 1.6% during the fourth quarter. Black Diamond Financial LLC now owns 701,296 shares of the company’s stock valued at $87,599,000 after purchasing an additional 11,158 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Down 6.2 %

MGV stock opened at $116.95 on Friday. The company has a market capitalization of $8.06 billion, a P/E ratio of 20.13 and a beta of 0.85. The company has a 50-day simple moving average of $129.66 and a 200 day simple moving average of $128.93. Vanguard Mega Cap Value ETF has a fifty-two week low of $113.36 and a fifty-two week high of $133.82.

Vanguard Mega Cap Value ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.6838 dividend. The ex-dividend date of this dividend was Thursday, March 27th.

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.