Vanguard Mega Cap Value ETF $MGV Stock Position Increased by Vise Technologies Inc.

Vise Technologies Inc. increased its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 266.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 6,963 shares of the company’s stock after purchasing an additional 5,065 shares during the period. Vise Technologies Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $1,122,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA:MGV opened at $165.33 on Monday. The business’s fifty day moving average is $165.56 and its 200 day moving average is $158.32. The firm has a market cap of $13.94 billion, a price-to-earnings ratio of 20.06 and a beta of 0.71. Vanguard Mega Cap Value ETF has a 52-week low of $135.48 and a 52-week high of $172.07.

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.