Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Sets New 12-Month High at $120.91

Vanguard Mega Cap Value ETF (NYSEARCA:MGV)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $120.91 and last traded at $120.91, with a volume of 15863 shares changing hands. The stock had previously closed at $120.46.

Vanguard Mega Cap Value ETF Stock Performance

The business has a fifty day moving average price of $118.57 and a 200 day moving average price of $115.43. The company has a market cap of $7.52 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66.

Institutional Trading of Vanguard Mega Cap Value ETF

Institutional investors have recently added to or reduced their stakes in the stock. Capital Planning LLC lifted its stake in Vanguard Mega Cap Value ETF by 18.0% in the second quarter. Capital Planning LLC now owns 102,347 shares of the company’s stock valued at $12,201,000 after buying an additional 15,608 shares during the period. Capital Advantage Inc. raised its stake in shares of Vanguard Mega Cap Value ETF by 11.8% in the second quarter. Capital Advantage Inc. now owns 198,845 shares of the company’s stock worth $23,607,000 after purchasing an additional 20,936 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its holdings in Vanguard Mega Cap Value ETF by 7.3% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 5,916 shares of the company’s stock worth $701,000 after acquiring an additional 402 shares during the last quarter. Global Trust Asset Management LLC increased its position in shares of Vanguard Mega Cap Value ETF by 4.0% during the second quarter. Global Trust Asset Management LLC now owns 4,135 shares of the company’s stock valued at $490,000 after acquiring an additional 160 shares during the last quarter. Finally, Walden Wealth Partners LLC increased its holdings in Vanguard Mega Cap Value ETF by 2.0% during the second quarter. Walden Wealth Partners LLC now owns 66,481 shares of the company’s stock worth $7,878,000 after buying an additional 1,318 shares during the last quarter.

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.