Jones Financial Companies Lllp Increases Stock Position in Vanguard Mega Cap Value ETF $MGV

Jones Financial Companies Lllp grew its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 100.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,093 shares of the company’s stock after purchasing an additional 24,141 shares during the quarter. Jones Financial Companies Lllp owned about 0.07% of Vanguard Mega Cap Value ETF worth $6,196,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Assetmark Inc. increased its holdings in Vanguard Mega Cap Value ETF by 3.3% in the 1st quarter. Assetmark Inc. now owns 14,804,596 shares of the company’s stock worth $1,907,424,000 after acquiring an additional 467,392 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Mega Cap Value ETF by 2.5% in the first quarter. LPL Financial LLC now owns 976,948 shares of the company’s stock valued at $125,870,000 after buying an additional 23,685 shares during the last quarter. HighTower Advisors LLC grew its stake in Vanguard Mega Cap Value ETF by 51.6% during the 1st quarter. HighTower Advisors LLC now owns 712,570 shares of the company’s stock valued at $91,807,000 after purchasing an additional 242,459 shares during the last quarter. Royal Bank of Canada raised its position in Vanguard Mega Cap Value ETF by 10.1% during the 1st quarter. Royal Bank of Canada now owns 673,415 shares of the company’s stock worth $86,763,000 after buying an additional 61,584 shares during the last quarter. Finally, Merit Financial Group LLC boosted its holdings in Vanguard Mega Cap Value ETF by 1.1% in the first quarter. Merit Financial Group LLC now owns 588,737 shares of the company’s stock valued at $75,853,000 after purchasing an additional 6,263 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.3%

Vanguard Mega Cap Value ETF stock opened at $134.63 on Wednesday. The firm has a market cap of $9.75 billion, a price-to-earnings ratio of 18.48 and a beta of 0.86. The business’s 50-day moving average price is $132.81 and its 200 day moving average price is $128.59. Vanguard Mega Cap Value ETF has a 52 week low of $112.25 and a 52 week high of $135.48.

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.