Cvfg LLC Invests $269,000 in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Cvfg LLC bought a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,150 shares of the company’s stock, valued at approximately $269,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MGV. Massmutual Trust Co. FSB ADV acquired a new position in shares of Vanguard Mega Cap Value ETF in the third quarter worth $36,000. CENTRAL TRUST Co purchased a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter worth about $40,000. Angeles Wealth Management LLC purchased a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter worth about $46,000. WFA Asset Management Corp lifted its holdings in Vanguard Mega Cap Value ETF by 93.5% in the 3rd quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock valued at $61,000 after purchasing an additional 229 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its stake in shares of Vanguard Mega Cap Value ETF by 65.2% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 570 shares of the company’s stock worth $73,000 after purchasing an additional 225 shares during the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $127.81 on Friday. The company has a 50-day simple moving average of $128.49 and a 200-day simple moving average of $126.19. The company has a market cap of $7.92 billion, a PE ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 12 month low of $107.85 and a 12 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.