Waystone Advisors LLC Acquires New Holdings in Vanguard Mega Cap Value ETF $MGV

Waystone Advisors LLC acquired a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 40,563 shares of the company’s stock, valued at approximately $5,726,000. Vanguard Mega Cap Value ETF comprises about 4.9% of Waystone Advisors LLC’s portfolio, making the stock its 4th largest position.

A number of other large investors have also recently added to or reduced their stakes in MGV. Tucker Asset Management LLC purchased a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at about $26,000. Cornerstone Planning Group LLC purchased a new position in Vanguard Mega Cap Value ETF in the 3rd quarter valued at about $28,000. Root Financial Partners LLC purchased a new position in Vanguard Mega Cap Value ETF in the 3rd quarter valued at about $29,000. Bay Harbor Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at about $33,000. Finally, Nemes Rush Group LLC purchased a new position in Vanguard Mega Cap Value ETF in the 3rd quarter valued at about $34,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV stock opened at $157.76 on Thursday. The firm has a market cap of $12.28 billion, a P/E ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a 1-year low of $125.78 and a 1-year high of $158.37. The firm’s 50-day simple moving average is $150.21 and its 200-day simple moving average is $146.89.

About Vanguard Mega Cap Value ETF

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.