Vanguard Mega Cap Value Index Fund ETF Shares (NYSEARCA:MGV) Hits New 1-Year High at $89.50


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Vanguard Mega Cap Value Index Fund ETF Shares (NYSEARCA:MGV) hit a new 52-week high on Tuesday . The stock traded as high as $89.50 and last traded at $89.50, with a volume of 801 shares changing hands. The stock had previously closed at $89.38.

The company has a fifty day moving average price of $86.50 and a two-hundred day moving average price of $79.84.

Several hedge funds and other institutional investors have recently made changes to their positions in MGV. Strategic Investment Advisors MI grew its holdings in shares of Vanguard Mega Cap Value Index Fund ETF Shares by 289.6% in the 4th quarter. Strategic Investment Advisors MI now owns 123,035 shares of the company’s stock valued at $10,682,000 after acquiring an additional 91,458 shares in the last quarter. Brookstone Capital Management acquired a new stake in Vanguard Mega Cap Value Index Fund ETF Shares in the 4th quarter valued at about $4,260,000. NewFocus Financial Group LLC lifted its stake in Vanguard Mega Cap Value Index Fund ETF Shares by 194.6% in the 3rd quarter. NewFocus Financial Group LLC now owns 69,957 shares of the company’s stock valued at $5,366,000 after purchasing an additional 46,211 shares during the last quarter. Black Diamond Financial LLC lifted its stake in Vanguard Mega Cap Value Index Fund ETF Shares by 17.6% in the 3rd quarter. Black Diamond Financial LLC now owns 217,854 shares of the company’s stock valued at $16,709,000 after purchasing an additional 32,632 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC acquired a new stake in Vanguard Mega Cap Value Index Fund ETF Shares in the 3rd quarter valued at about $2,228,000.

About Vanguard Mega Cap Value Index Fund ETF Shares (NYSEARCA:MGV)

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.

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