Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Stock Position Boosted by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 89.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,970 shares of the company’s stock after buying an additional 1,878 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Mega Cap Value ETF were worth $470,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in MGV. Naples Money Management LLC raised its position in Vanguard Mega Cap Value ETF by 1.4% during the second quarter. Naples Money Management LLC now owns 6,253 shares of the company’s stock valued at $739,000 after acquiring an additional 88 shares in the last quarter. M3 Advisory Group LLC boosted its stake in shares of Vanguard Mega Cap Value ETF by 5.7% in the 2nd quarter. M3 Advisory Group LLC now owns 1,954 shares of the company’s stock valued at $232,000 after purchasing an additional 105 shares in the last quarter. Global Trust Asset Management LLC boosted its stake in shares of Vanguard Mega Cap Value ETF by 4.0% in the 2nd quarter. Global Trust Asset Management LLC now owns 4,135 shares of the company’s stock valued at $490,000 after purchasing an additional 160 shares in the last quarter. Bowman & Co S.C. boosted its stake in shares of Vanguard Mega Cap Value ETF by 1.4% in the 2nd quarter. Bowman & Co S.C. now owns 11,384 shares of the company’s stock valued at $1,349,000 after purchasing an additional 162 shares in the last quarter. Finally, Matthew Goff Investment Advisor LLC grew its stake in shares of Vanguard Mega Cap Value ETF by 1.2% during the first quarter. Matthew Goff Investment Advisor LLC now owns 13,469 shares of the company’s stock valued at $1,610,000 after purchasing an additional 166 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.1 %

Vanguard Mega Cap Value ETF stock opened at $128.32 on Wednesday. The business’s 50-day simple moving average is $123.99 and its 200 day simple moving average is $120.04. Vanguard Mega Cap Value ETF has a 12-month low of $96.77 and a 12-month high of $128.48. The stock has a market cap of $7.95 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66.

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.