592 Shares in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Purchased by Mascoma Wealth Management LLC

Mascoma Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 592 shares of the company’s stock, valued at approximately $74,000.

Other hedge funds also recently bought and sold shares of the company. Wealthfront Advisers LLC boosted its holdings in shares of 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 worth $3,392,693,000 after purchasing an additional 27,094,802 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard Mega Cap Value ETF during the fourth quarter worth approximately $84,153,000. World Investment Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF during the third quarter worth $59,884,000. Assetmark Inc. grew its holdings in Vanguard Mega Cap Value ETF by 2.6% in the 4th 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 in the last quarter. Finally, Strategic Financial Concepts LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 12,397.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 243,707 shares of the company’s stock worth $30,441,000 after acquiring an additional 241,757 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.5 %

Shares of MGV stock opened at $126.10 on Thursday. Vanguard Mega Cap Value ETF has a twelve month low of $113.36 and a twelve month high of $133.82. The company’s 50-day moving average price is $129.45 and its 200-day moving average price is $128.72. The stock has a market cap of $8.54 billion, a price-to-earnings ratio of 20.16 and a beta of 0.85.

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.