Stephens Inc. AR Buys 5,781 Shares of Vanguard Mega Cap Value ETF $MGV

Stephens Inc. AR grew its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 90,359 shares of the company’s stock after acquiring an additional 5,781 shares during the quarter. Stephens Inc. AR’s holdings in Vanguard Mega Cap Value ETF were worth $13,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of MGV. Tucker Asset Management LLC purchased a new stake in Vanguard Mega Cap Value ETF during the fourth quarter valued at $26,000. Bay Harbor Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter valued at about $33,000. Nemes Rush Group LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $34,000. Financial Life Planners purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $37,000. Finally, Key Financial Inc lifted its stake in shares of Vanguard Mega Cap Value ETF by 511.1% in the 4th quarter. Key Financial Inc now owns 275 shares of the company’s stock worth $39,000 after purchasing an additional 230 shares during the period.

Vanguard Mega Cap Value ETF Trading Down 0.1%

NYSEARCA MGV traded down $0.18 during trading hours on Tuesday, hitting $164.03. 37,814 shares of the company’s stock traded hands, compared to its average volume of 268,193. Vanguard Mega Cap Value ETF has a 52 week low of $128.84 and a 52 week high of $166.02. The firm has a market capitalization of $13.03 billion, a P/E ratio of 18.48 and a beta of 0.72. The business’s fifty day moving average price is $158.19 and its two-hundred day moving average price is $151.22.

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