Raymond James Trust N.A. Buys 584 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Raymond James Trust N.A. increased its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 7.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,511 shares of the company’s stock after purchasing an additional 584 shares during the quarter. Raymond James Trust N.A.’s holdings in Vanguard Mega Cap Value ETF were worth $1,092,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the second quarter valued at approximately $30,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Vanguard Mega Cap Value ETF in the second quarter valued at approximately $34,000. Redmont Wealth Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF in the second quarter valued at approximately $35,000. Massmutual Trust Co. FSB ADV acquired a new position in Vanguard Mega Cap Value ETF in the third quarter valued at approximately $36,000. Finally, CENTRAL TRUST Co acquired a new position in Vanguard Mega Cap Value ETF in the third quarter valued at approximately $40,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $132.26 on Monday. The company’s 50 day simple moving average is $128.92 and its 200 day simple moving average is $123.80. Vanguard Mega Cap Value ETF has a fifty-two week low of $103.96 and a fifty-two week high of $132.39. The firm has a market capitalization of $8.20 billion, a P/E ratio of 18.88 and a beta of 0.66.

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.