D.A. Davidson & CO. Grows Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

D.A. Davidson & CO. boosted its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 8.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 99,062 shares of the company’s stock after buying an additional 7,432 shares during the quarter. D.A. Davidson & CO. owned approximately 0.16% of Vanguard Mega Cap Value ETF worth $12,708,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC bought a new position in Vanguard Mega Cap Value ETF in the 2nd quarter valued at $30,000. Massmutual Trust Co. FSB ADV bought a new position in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth $36,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth $34,000. Redmont Wealth Advisors LLC bought a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth $35,000. Finally, CENTRAL TRUST Co bought a new position in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth $40,000.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $133.04 on Wednesday. The company has a market capitalization of $8.24 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a fifty-two week low of $103.96 and a fifty-two week high of $133.48. The stock has a fifty day moving average of $129.15 and a 200-day moving average of $124.01.

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.