TIAA Trust National Association Has $239,000 Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

TIAA Trust National Association boosted its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 21.2% in the fourth quarter, Holdings Channel reports. The firm owned 1,916 shares of the company’s stock after acquiring an additional 335 shares during the period. TIAA Trust National Association’s holdings in Vanguard Mega Cap Value ETF were worth $239,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC raised its stake in Vanguard Mega Cap Value ETF by 40,868.2% during the 4th quarter. Wealthfront Advisers LLC now owns 27,161,100 shares of the company’s stock valued at $3,392,693,000 after purchasing an additional 27,094,802 shares during the last quarter. Assetmark Inc. raised its position in shares of Vanguard Mega Cap Value ETF by 2.6% during the fourth quarter. Assetmark Inc. now owns 14,337,204 shares of the company’s stock valued at $1,790,860,000 after buying an additional 367,771 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Vanguard Mega Cap Value ETF by 0.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,266,543 shares of the company’s stock valued at $158,204,000 after buying an additional 5,786 shares during the period. LPL Financial LLC grew its position in Vanguard Mega Cap Value ETF by 6.0% during the fourth quarter. LPL Financial LLC now owns 953,263 shares of the company’s stock worth $119,072,000 after buying an additional 54,072 shares in the last quarter. Finally, Black Diamond Financial LLC increased its stake in Vanguard Mega Cap Value ETF by 1.6% during the fourth quarter. Black Diamond Financial LLC now owns 701,296 shares of the company’s stock valued at $87,599,000 after acquiring an additional 11,158 shares during the period.

Vanguard Mega Cap Value ETF Stock Down 1.2 %

Vanguard Mega Cap Value ETF stock opened at $127.29 on Friday. Vanguard Mega Cap Value ETF has a 12 month low of $113.36 and a 12 month high of $133.82. The stock has a market cap of $8.77 billion, a price-to-earnings ratio of 20.13 and a beta of 0.85. The business has a 50 day moving average price of $130.11 and a two-hundred day moving average price of $128.93.

Vanguard Mega Cap Value ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a $0.6838 dividend. The ex-dividend date is Thursday, March 27th.

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.