Vanguard Mega Cap Value ETF $MGV Shares Bought by Rossmore Private Capital

Rossmore Private Capital raised its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 316.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,160 shares of the company’s stock after purchasing an additional 3,920 shares during the quarter. Rossmore Private Capital’s holdings in Vanguard Mega Cap Value ETF were worth $748,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of MGV. Ascentis Independent Advisors acquired a new stake in shares of Vanguard Mega Cap Value ETF during the first quarter worth about $26,000. Tucker Asset Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the fourth quarter worth $26,000. Bay Harbor Wealth Management LLC acquired a new position in Vanguard Mega Cap Value ETF during the fourth quarter valued at $33,000. Key Financial Inc boosted its holdings in Vanguard Mega Cap Value ETF by 511.1% in the fourth quarter. Key Financial Inc now owns 275 shares of the company’s stock valued at $39,000 after purchasing an additional 230 shares during the last quarter. Finally, Financial Life Planners acquired a new stake in Vanguard Mega Cap Value ETF during the 1st quarter worth about $40,000.

Vanguard Mega Cap Value ETF Trading Up 0.2%

Shares of NYSEARCA MGV traded up $0.40 during trading on Friday, reaching $163.60. 186,570 shares of the company traded hands, compared to its average volume of 269,196. The stock has a market cap of $13.19 billion, a P/E ratio of 18.48 and a beta of 0.72. The firm’s fifty day simple moving average is $159.24 and its 200 day simple moving average is $151.77. Vanguard Mega Cap Value ETF has a 12-month low of $128.84 and a 12-month high of $166.02.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.