Nwam LLC Purchases New Stake in Vanguard Mega Cap Value ETF $MGV

Nwam LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 21,446 shares of the company’s stock, valued at approximately $3,505,000.

Other institutional investors also recently bought and sold shares of the company. Tucker Asset Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at $26,000. Ascentis Independent Advisors purchased a new stake in Vanguard Mega Cap Value ETF during the 1st quarter worth $26,000. Kentucky Trust Co purchased a new stake in Vanguard Mega Cap Value ETF during the 2nd quarter worth $29,000. Bay Harbor Wealth Management LLC acquired a new stake in Vanguard Mega Cap Value ETF in the 4th quarter valued at $33,000. Finally, Key Financial Inc increased its holdings in Vanguard Mega Cap Value ETF by 511.1% in the 4th quarter. Key Financial Inc now owns 275 shares of the company’s stock valued at $39,000 after purchasing an additional 230 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA:MGV opened at $166.47 on Wednesday. The business’s 50-day moving average is $165.14 and its two-hundred day moving average is $156.90. The firm has a market capitalization of $13.42 billion, a PE ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 12 month low of $133.33 and a 12 month high of $169.84.

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.