Commonwealth Equity Services LLC Buys 286,772 Shares of Vanguard Mega Cap Value ETF $MGV

Commonwealth Equity Services LLC purchased a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the third quarter, Holdings Channel.com reports. The firm purchased 286,772 shares of the company’s stock, valued at approximately $46,196,000.

A number of other institutional investors have also bought and sold shares of MGV. Silicon Valley Capital Partners raised its holdings in Vanguard Mega Cap Value ETF by 0.4% during the second quarter. Silicon Valley Capital Partners now owns 15,567 shares of the company’s stock valued at $2,544,000 after acquiring an additional 68 shares during the period. Cyndeo Wealth Partners LLC lifted its position in shares of Vanguard Mega Cap Value ETF by 1.4% in the third quarter. Cyndeo Wealth Partners LLC now owns 5,985 shares of the company’s stock valued at $964,000 after acquiring an additional 83 shares in the last quarter. Valmark Advisers Inc. lifted its position in shares of Vanguard Mega Cap Value ETF by 4.0% in the first quarter. Valmark Advisers Inc. now owns 2,546 shares of the company’s stock valued at $369,000 after acquiring an additional 99 shares in the last quarter. Roberts Glore & Co. Inc. IL boosted its stake in shares of Vanguard Mega Cap Value ETF by 0.6% in the first quarter. Roberts Glore & Co. Inc. IL now owns 18,903 shares of the company’s stock worth $2,740,000 after acquiring an additional 114 shares during the period. Finally, Pacific Sun Financial Corp boosted its stake in shares of Vanguard Mega Cap Value ETF by 8.0% in the first quarter. Pacific Sun Financial Corp now owns 1,617 shares of the company’s stock worth $234,000 after acquiring an additional 120 shares during the period.

Vanguard Mega Cap Value ETF Trading Down 0.3%

NYSEARCA:MGV opened at $165.33 on Friday. Vanguard Mega Cap Value ETF has a 12-month low of $135.48 and a 12-month high of $172.07. The stock has a 50-day moving average price of $165.56 and a 200 day moving average price of $158.32. The stock has a market capitalization of $13.94 billion, a P/E ratio of 20.06 and a beta of 0.71.

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