Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 4.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 292,402 shares of the company’s stock after purchasing an additional 13,652 shares during the period. Commonwealth Equity Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $36,524,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Wealthfront Advisers LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 40,868.2% in the 4th quarter. Wealthfront Advisers LLC now owns 27,161,100 shares of the company’s stock worth $3,392,693,000 after buying an additional 27,094,802 shares in the last quarter. Assetmark Inc. boosted its position in shares of Vanguard Mega Cap Value ETF by 2.6% in the 4th quarter. Assetmark Inc. now owns 14,337,204 shares of the company’s stock worth $1,790,860,000 after buying an additional 367,771 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Vanguard Mega Cap Value ETF by 0.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,266,543 shares of the company’s stock worth $158,204,000 after buying an additional 5,786 shares in the last quarter. Black Diamond Financial LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 1.6% in the 4th quarter. Black Diamond Financial LLC now owns 701,296 shares of the company’s stock worth $87,599,000 after buying an additional 11,158 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Vanguard Mega Cap Value ETF in the 4th quarter worth about $84,153,000.

Vanguard Mega Cap Value ETF Stock Up 1.5 %

Vanguard Mega Cap Value ETF stock opened at $127.48 on Friday. The firm has a market capitalization of $8.64 billion, a PE ratio of 20.16 and a beta of 0.85. The firm’s 50-day simple moving average is $129.51 and its 200 day simple moving average is $128.71. Vanguard Mega Cap Value ETF has a 52 week low of $113.36 and a 52 week 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.