Rehmann Capital Advisory Group Acquires 733 Shares of Vanguard Mega Cap Value ETF $MGV

Rehmann Capital Advisory Group raised its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 10.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 7,746 shares of the company’s stock after purchasing an additional 733 shares during the period. Rehmann Capital Advisory Group’s holdings in Vanguard Mega Cap Value ETF were worth $1,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of MGV. Proathlete Wealth Management LLC bought a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter valued at $25,000. NorthRock Partners LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 100.0% in the 2nd quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 94 shares during the last quarter. North Capital Inc. bought a new stake in shares of Vanguard Mega Cap Value ETF in the 1st quarter worth about $27,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Vanguard Mega Cap Value ETF in the 1st quarter worth about $28,000. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the 1st quarter worth about $35,000.

Vanguard Mega Cap Value ETF Stock Performance

MGV opened at $138.08 on Thursday. The firm’s 50-day simple moving average is $136.20 and its 200-day simple moving average is $130.48. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $139.08. The firm has a market cap of $10.26 billion, a price-to-earnings 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.