Fmr LLC Buys 2,052 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Fmr LLC increased its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 13.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 17,709 shares of the company’s stock after acquiring an additional 2,052 shares during the quarter. Fmr LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,272,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. International Assets Investment Management LLC bought a new position in Vanguard Mega Cap Value ETF in the second quarter valued at approximately $30,000. Massmutual Trust Co. FSB ADV bought a new position in Vanguard Mega Cap Value ETF in the third quarter valued at approximately $36,000. CENTRAL TRUST Co bought a new position in Vanguard Mega Cap Value ETF in the third quarter valued at approximately $40,000. Angeles Wealth Management LLC bought a new position in Vanguard Mega Cap Value ETF in the third quarter valued at approximately $46,000. Finally, WFA Asset Management Corp boosted its stake in Vanguard Mega Cap Value ETF by 93.5% in the third quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock valued at $61,000 after acquiring an additional 229 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV stock opened at $128.76 on Friday. Vanguard Mega Cap Value ETF has a 52-week low of $107.38 and a 52-week high of $133.82. The stock has a market cap of $7.98 billion, a PE ratio of 18.88 and a beta of 0.66. The firm’s 50 day moving average price is $129.97 and its two-hundred day moving average price is $125.06.

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.