Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Position Lifted by Jones Financial Companies Lllp

Jones Financial Companies Lllp grew its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 50.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,952 shares of the company’s stock after acquiring an additional 7,999 shares during the period. Jones Financial Companies Lllp’s holdings in Vanguard Mega Cap Value ETF were worth $2,992,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Modera Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF during the fourth quarter worth about $8,919,000. SRS Capital Advisors Inc. acquired a new stake in Vanguard Mega Cap Value ETF during the fourth quarter valued at approximately $9,476,000. Noble Wealth Management PBC bought a new position in Vanguard Mega Cap Value ETF during the 4th quarter worth approximately $1,835,000. US Bancorp DE grew its position in shares of Vanguard Mega Cap Value ETF by 0.5% in the 4th quarter. US Bancorp DE now owns 107,668 shares of the company’s stock worth $13,461,000 after acquiring an additional 568 shares in the last quarter. Finally, Veridan Wealth LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter valued at approximately $4,314,000.

Vanguard Mega Cap Value ETF Trading Up 0.7 %

MGV stock opened at $129.65 on Thursday. The firm has a market cap of $8.70 billion, a P/E ratio of 20.60 and a beta of 0.86. The stock’s 50 day simple moving average is $129.19 and its 200 day simple moving average is $128.61. Vanguard Mega Cap Value ETF has a 12-month low of $113.36 and a 12-month high of $133.82.

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.