Vantagepoint Investment Advisers LLC Purchases 733,157 Shares of Vanguard Mega Cap Value ETF $MGV

Vantagepoint Investment Advisers LLC purchased a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 733,157 shares of the company’s stock, valued at approximately $118,104,000. Vantagepoint Investment Advisers LLC owned 0.88% of Vanguard Mega Cap Value ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. ICONIQ Capital LLC purchased a new position in Vanguard Mega Cap Value ETF during the 2nd quarter valued at about $1,192,000. Baird Financial Group Inc. grew its position in Vanguard Mega Cap Value ETF by 1.0% in the 2nd quarter. Baird Financial Group Inc. now owns 387,221 shares of the company’s stock valued at $63,291,000 after acquiring an additional 3,737 shares in the last quarter. Greenleaf Trust acquired a new position in Vanguard Mega Cap Value ETF in the 2nd quarter valued at about $307,000. Piedmont Capital Management LLC acquired a new position in Vanguard Mega Cap Value ETF in the 2nd quarter valued at about $18,379,000. Finally, Praetorian Wealth Management Inc. increased its stake in Vanguard Mega Cap Value ETF by 2.9% during the second quarter. Praetorian Wealth Management Inc. now owns 379,594 shares of the company’s stock worth $62,045,000 after purchasing an additional 10,854 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV opened at $167.70 on Tuesday. The firm has a market capitalization of $14.03 billion, a PE ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 1 year low of $135.48 and a 1 year high of $169.84. The firm’s 50-day moving average is $165.53 and its two-hundred day moving average is $157.18.

Vanguard Mega Cap Value ETF 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.