Commonwealth Equity Services LLC Has $47.82 Million Holdings in Vanguard Mega Cap Value ETF $MGV

Commonwealth Equity Services LLC grew its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6.9% in the third quarter, Holdings Channel reports. The fund owned 347,161 shares of the company’s stock after acquiring an additional 22,357 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $47,818,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Addison Advisors LLC lifted its position in shares of Vanguard Mega Cap Value ETF by 9.9% in the 2nd quarter. Addison Advisors LLC now owns 4,265 shares of the company’s stock worth $560,000 after purchasing an additional 385 shares during the period. Brighton Jones LLC bought a new position in Vanguard Mega Cap Value ETF during the third quarter worth $695,000. Ascent Group LLC lifted its holdings in Vanguard Mega Cap Value ETF by 162.6% in the third quarter. Ascent Group LLC now owns 21,369 shares of the company’s stock valued at $2,943,000 after buying an additional 13,233 shares during the period. Corient Private Wealth LLC boosted its position in Vanguard Mega Cap Value ETF by 89.9% during the second quarter. Corient Private Wealth LLC now owns 10,413 shares of the company’s stock valued at $1,366,000 after acquiring an additional 4,931 shares during the last quarter. Finally, Avior Wealth Management LLC grew its holdings in Vanguard Mega Cap Value ETF by 8.7% during the 2nd quarter. Avior Wealth Management LLC now owns 135,528 shares of the company’s stock worth $17,783,000 after acquiring an additional 10,792 shares during the period.

Vanguard Mega Cap Value ETF Trading Up 0.9%

MGV stock opened at $145.15 on Wednesday. The firm has a market cap of $10.98 billion, a PE ratio of 18.48 and a beta of 0.80. The stock has a 50-day moving average price of $139.89 and a 200-day moving average price of $136.38. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $145.35.

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