18,484 Shares in Vanguard Mega Cap Value ETF $MGV Acquired by Mather Group LLC.

Mather Group LLC. bought a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,484 shares of the company’s stock, valued at approximately $2,978,000.

Several other hedge funds have also recently made changes to their positions in the company. Finward Bancorp acquired a new position in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at $2,285,000. Triumph Capital Management raised its stake in shares of Vanguard Mega Cap Value ETF by 53.9% during the 3rd quarter. Triumph Capital Management now owns 1,265 shares of the company’s stock worth $204,000 after buying an additional 443 shares during the period. Adirondack Trust Co. acquired a new position in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $34,000. First Citizens Bank & Trust Co. acquired a new position in Vanguard Mega Cap Value ETF during the third quarter worth $408,000. Finally, Cresta Advisors Ltd. lifted its holdings in Vanguard Mega Cap Value ETF by 19.6% during the third quarter. Cresta Advisors Ltd. now owns 26,825 shares of the company’s stock valued at $4,321,000 after purchasing an additional 4,387 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.7%

MGV stock opened at $165.35 on Friday. The stock has a market capitalization of $13.83 billion, a P/E ratio of 18.48 and a beta of 0.72. The firm has a 50-day simple moving average of $165.69 and a 200-day simple moving average of $160.35. Vanguard Mega Cap Value ETF has a 52 week low of $135.48 and a 52 week high of $169.84.

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.