Cerity Partners LLC Makes New $665,000 Investment in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Cerity Partners LLC acquired a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 6,081 shares of the company’s stock, valued at approximately $665,000.

A number of other institutional investors have also modified their holdings of MGV. Morgan Stanley raised its holdings in Vanguard Mega Cap Value ETF by 7.6% in the third quarter. Morgan Stanley now owns 2,656,447 shares of the company’s stock valued at $269,364,000 after buying an additional 186,705 shares during the period. LPL Financial LLC lifted its holdings in shares of Vanguard Mega Cap Value ETF by 18.4% during the 3rd quarter. LPL Financial LLC now owns 737,689 shares of the company’s stock valued at $74,802,000 after acquiring an additional 114,649 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Vanguard Mega Cap Value ETF by 13.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 872,199 shares of the company’s stock worth $88,431,000 after purchasing an additional 100,204 shares during the period. SG Americas Securities LLC acquired a new stake in Vanguard Mega Cap Value ETF in the 4th quarter valued at $9,580,000. Finally, Sequoia Financial Advisors LLC raised its position in Vanguard Mega Cap Value ETF by 17.2% in the fourth quarter. Sequoia Financial Advisors LLC now owns 543,915 shares of the company’s stock valued at $59,488,000 after purchasing an additional 79,958 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $116.52 on Wednesday. Vanguard Mega Cap Value ETF has a 1-year low of $96.77 and a 1-year high of $119.69. The company has a market capitalization of $7.15 billion, a price-to-earnings ratio of 18.58 and a beta of 0.86. The business has a 50-day moving average of $115.97 and a 200-day moving average of $109.58.

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.