Commonwealth Equity Services LLC Purchases 16,767 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Commonwealth Equity Services LLC raised its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 258,912 shares of the company’s stock after acquiring an additional 16,767 shares during the period. Commonwealth Equity Services LLC owned approximately 0.42% of Vanguard Mega Cap Value ETF worth $30,681,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Assetmark Inc. boosted its stake in shares of Vanguard Mega Cap Value ETF by 4.9% in the fourth quarter. Assetmark Inc. now owns 12,198,218 shares of the company’s stock valued at $1,334,119,000 after buying an additional 572,217 shares during the period. Harbour Investments Inc. boosted its stake in shares of Vanguard Mega Cap Value ETF by 6,023.8% in the fourth quarter. Harbour Investments Inc. now owns 154,810 shares of the company’s stock valued at $16,932,000 after buying an additional 152,282 shares during the period. Kestra Advisory Services LLC boosted its stake in shares of Vanguard Mega Cap Value ETF by 43.6% in the fourth quarter. Kestra Advisory Services LLC now owns 280,345 shares of the company’s stock valued at $30,661,000 after buying an additional 85,138 shares during the period. Walden Wealth Partners LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the fourth quarter valued at approximately $6,731,000. Finally, Cetera Investment Advisers boosted its stake in shares of Vanguard Mega Cap Value ETF by 335.7% in the first quarter. Cetera Investment Advisers now owns 75,686 shares of the company’s stock valued at $9,045,000 after buying an additional 58,314 shares during the period.

Vanguard Mega Cap Value ETF Trading Up 0.9 %

Shares of MGV stock opened at $127.42 on Monday. The stock has a 50 day simple moving average of $121.66 and a 200 day simple moving average of $118.56. Vanguard Mega Cap Value ETF has a 1 year low of $96.77 and a 1 year high of $127.57. The stock has a market cap of $7.90 billion, a P/E ratio of 18.88 and a beta of 0.66.

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.