Nwam LLC Invests $3.50 Million in Vanguard Mega Cap Value ETF $MGV

Nwam LLC bought a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 21,446 shares of the company’s stock, valued at approximately $3,505,000.

Other large investors have also added to or reduced their stakes in the company. Wedbush Securities Inc. grew its holdings in Vanguard Mega Cap Value ETF by 3.1% during the 4th quarter. Wedbush Securities Inc. now owns 2,687 shares of the company’s stock valued at $379,000 after purchasing an additional 80 shares in the last quarter. Visionary Wealth Advisors lifted its holdings in Vanguard Mega Cap Value ETF by 1.0% in the 2nd quarter. Visionary Wealth Advisors now owns 8,107 shares of the company’s stock worth $1,064,000 after buying an additional 82 shares in the last quarter. SCS Capital Management LLC increased its position in shares of Vanguard Mega Cap Value ETF by 1.1% during the fourth quarter. SCS Capital Management LLC now owns 7,963 shares of the company’s stock worth $1,124,000 after acquiring an additional 86 shares during the last quarter. AA Financial Advisors LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 3.7% in the first quarter. AA Financial Advisors LLC now owns 2,442 shares of the company’s stock worth $354,000 after acquiring an additional 88 shares in the last quarter. Finally, Betterment LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 3.2% in the third quarter. Betterment LLC now owns 2,818 shares of the company’s stock worth $388,000 after acquiring an additional 88 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV opened at $166.47 on Wednesday. The company has a market capitalization of $13.42 billion, a P/E ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a one year low of $133.33 and a one year high of $169.84. The stock has a 50-day moving average price of $165.14 and a 200 day moving average price of $156.90.

Vanguard Mega Cap Value ETF Company Profile

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.