16,560 Shares in Vanguard Mega Cap Value ETF $MGV Bought by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the fourth quarter, Holdings Channel reports. The firm purchased 16,560 shares of the company’s stock, valued at approximately $2,338,000.

Several other institutional investors have also added to or reduced their stakes in MGV. Bank of America Corp DE grew its holdings in Vanguard Mega Cap Value ETF by 7.9% in the 2nd quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock worth $575,265,000 after acquiring an additional 319,194 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Vanguard Mega Cap Value ETF by 17.2% during the third quarter. Ameriprise Financial Inc. now owns 2,042,106 shares of the company’s stock valued at $281,261,000 after acquiring an additional 298,993 shares during the last quarter. UBS Group AG raised its stake in shares of Vanguard Mega Cap Value ETF by 3.8% during the third quarter. UBS Group AG now owns 1,753,992 shares of the company’s stock valued at $241,595,000 after acquiring an additional 63,931 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Vanguard Mega Cap Value ETF by 557.8% during the second quarter. Osaic Holdings Inc. now owns 1,099,774 shares of the company’s stock worth $142,255,000 after purchasing an additional 932,588 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of Vanguard Mega Cap Value ETF by 29.3% during the second quarter. Raymond James Financial Inc. now owns 855,215 shares of the company’s stock worth $112,204,000 after purchasing an additional 193,776 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA MGV opened at $146.02 on Thursday. Vanguard Mega Cap Value ETF has a 1 year low of $112.25 and a 1 year high of $154.03. The stock has a market capitalization of $11.11 billion, a PE ratio of 18.48 and a beta of 0.80. The business’s 50-day moving average is $149.21 and its 200 day moving average is $142.72.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.