Silverlake Wealth Management LLC Buys 3,323 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Silverlake Wealth Management LLC increased its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 45.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,649 shares of the company’s stock after purchasing an additional 3,323 shares during the quarter. Silverlake Wealth Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,366,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Breakwater Capital Group grew its position in shares of Vanguard Mega Cap Value ETF by 39.6% in the 3rd quarter. Breakwater Capital Group now owns 63,657 shares of the company’s stock worth $8,166,000 after buying an additional 18,046 shares during the last quarter. Harbour Investments Inc. boosted its position in shares of Vanguard Mega Cap Value ETF by 6,023.8% in the 4th quarter. Harbour Investments Inc. now owns 154,810 shares of the company’s stock worth $16,932,000 after purchasing an additional 152,282 shares in the last quarter. Raymond James & Associates grew its stake in Vanguard Mega Cap Value ETF by 2.9% during the 2nd quarter. Raymond James & Associates now owns 506,821 shares of the company’s stock worth $60,058,000 after buying an additional 14,355 shares during the last quarter. Bank of New York Mellon Corp increased its position in Vanguard Mega Cap Value ETF by 89.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,970 shares of the company’s stock valued at $470,000 after buying an additional 1,878 shares in the last quarter. Finally, &PARTNERS raised its stake in Vanguard Mega Cap Value ETF by 39.1% in the second quarter. &PARTNERS now owns 4,986 shares of the company’s stock valued at $591,000 after buying an additional 1,402 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 1.1 %

Shares of MGV traded up $1.37 during mid-day trading on Friday, hitting $129.89. 139,751 shares of the company traded hands, compared to its average volume of 180,680. The business has a 50 day moving average of $125.48 and a 200 day moving average of $120.98. The company has a market capitalization of $8.05 billion, a PE ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 1-year low of $96.77 and a 1-year high of $130.00.

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.