Vanguard Mega Cap Value ETF $MGV Shares Newly Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 3,397 shares of the company’s stock, valued at approximately $547,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vantagepoint Investment Advisers LLC bought a new stake in Vanguard Mega Cap Value ETF in the third quarter worth about $118,104,000. BTG Pactual Asset Management US LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 238.0% during the second quarter. BTG Pactual Asset Management US LLC now owns 724,232 shares of the company’s stock valued at $118,376,000 after buying an additional 509,956 shares during the period. Bernardo Wealth Planning LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 96.2% during the third quarter. Bernardo Wealth Planning LLC now owns 367,590 shares of the company’s stock valued at $59,215,000 after buying an additional 180,201 shares during the period. Assetmark Inc. grew its stake in shares of Vanguard Mega Cap Value ETF by 1.1% during the first quarter. Assetmark Inc. now owns 15,596,695 shares of the company’s stock valued at $2,260,741,000 after buying an additional 166,009 shares during the last quarter. Finally, Retirement Planning Group LLC bought a new position in shares of Vanguard Mega Cap Value ETF during the third quarter valued at approximately $23,533,000.

Vanguard Mega Cap Value ETF Stock Performance

MGV opened at $165.81 on Friday. The stock’s 50 day moving average price is $165.60 and its 200-day moving average price is $158.22. Vanguard Mega Cap Value ETF has a one year low of $135.48 and a one year high of $172.07. The stock has a market cap of $13.97 billion, a price-to-earnings ratio of 20.06 and a beta of 0.72.

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.