Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Acquired by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 50.1% in the fourth quarter, HoldingsChannel reports. The firm owned 23,952 shares of the company’s stock after purchasing an additional 7,999 shares during the quarter. Jones Financial Companies Lllp’s holdings in Vanguard Mega Cap Value ETF were worth $2,992,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Financial Life Planners bought a new stake in Vanguard Mega Cap Value ETF in the fourth quarter valued at $34,000. Tanglewood Legacy Advisors LLC bought a new stake in Vanguard Mega Cap Value ETF in the 4th quarter valued at about $54,000. Planning Capital Management Corp acquired a new position in Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $85,000. Sachetta LLC bought a new position in Vanguard Mega Cap Value ETF in the 4th quarter worth about $95,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the third quarter valued at approximately $108,000.

Vanguard Mega Cap Value ETF Trading Up 0.7 %

MGV opened at $129.65 on Thursday. The business’s 50 day moving average is $129.19 and its 200-day moving average is $128.61. The stock has a market cap of $8.70 billion, a PE ratio of 20.60 and a beta of 0.86. Vanguard Mega Cap Value ETF has a twelve month low of $113.36 and a twelve month high of $133.82.

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.