D.A. Davidson & CO. Acquires 1,536 Shares of Vanguard Mega Cap Value ETF $MGV

D.A. Davidson & CO. raised its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 108,895 shares of the company’s stock after purchasing an additional 1,536 shares during the quarter. D.A. Davidson & CO.’s holdings in Vanguard Mega Cap Value ETF were worth $14,287,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stratos Wealth Partners LTD. raised its position in shares of Vanguard Mega Cap Value ETF by 13.1% during the 1st quarter. Stratos Wealth Partners LTD. now owns 4,821 shares of the company’s stock valued at $621,000 after acquiring an additional 558 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 1st quarter valued at $71,000. Avior Wealth Management LLC raised its position in shares of Vanguard Mega Cap Value ETF by 8.7% during the 2nd quarter. Avior Wealth Management LLC now owns 135,528 shares of the company’s stock valued at $17,783,000 after acquiring an additional 10,792 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Vanguard Mega Cap Value ETF by 4.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 78,059 shares of the company’s stock valued at $10,412,000 after buying an additional 3,357 shares in the last quarter. Finally, US Bancorp DE increased its position in shares of Vanguard Mega Cap Value ETF by 0.7% in the 2nd quarter. US Bancorp DE now owns 102,710 shares of the company’s stock valued at $13,488,000 after buying an additional 703 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Down 0.3%

MGV opened at $138.08 on Thursday. Vanguard Mega Cap Value ETF has a 12 month low of $112.25 and a 12 month high of $139.08. The company has a fifty day simple moving average of $136.20 and a 200 day simple moving average of $130.48. The stock has a market cap of $10.26 billion, a P/E ratio of 18.48 and a beta of 0.86.

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.