Raymond James & Associates Acquires 4,573 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Raymond James & Associates boosted its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 492,466 shares of the company’s stock after acquiring an additional 4,573 shares during the quarter. Raymond James & Associates’ holdings in Vanguard Mega Cap Value ETF were worth $58,855,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Vanguard Mega Cap Value ETF by 20.7% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 92,833 shares of the company’s stock worth $9,413,000 after purchasing an additional 15,897 shares during the period. Means Investment CO. Inc. boosted its position in shares of Vanguard Mega Cap Value ETF by 23.0% during the third quarter. Means Investment CO. Inc. now owns 322,479 shares of the company’s stock valued at $32,699,000 after buying an additional 60,246 shares during the period. Pachira Investments Inc. grew its stake in shares of Vanguard Mega Cap Value ETF by 15.0% during the third quarter. Pachira Investments Inc. now owns 40,390 shares of the company’s stock valued at $4,096,000 after buying an additional 5,260 shares during the last quarter. WealthShield Partners LLC raised its holdings in shares of Vanguard Mega Cap Value ETF by 9.7% in the third quarter. WealthShield Partners LLC now owns 68,198 shares of the company’s stock worth $6,915,000 after buying an additional 6,050 shares during the period. Finally, Gray Wealth Management Inc. lifted its stake in shares of Vanguard Mega Cap Value ETF by 0.3% during the 3rd quarter. Gray Wealth Management Inc. now owns 32,779 shares of the company’s stock worth $3,324,000 after acquiring an additional 114 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Vanguard Mega Cap Value ETF stock traded up $0.57 during mid-day trading on Friday, hitting $115.79. The company’s stock had a trading volume of 138,617 shares, compared to its average volume of 177,806. The stock has a market cap of $7.11 billion, a PE ratio of 18.51 and a beta of 0.68. Vanguard Mega Cap Value ETF has a one year low of $96.77 and a one year high of $119.69. The company has a 50 day moving average of $116.35 and a 200-day moving average of $110.27.

Vanguard Mega Cap Value ETF Company 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.