Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Purchased by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC increased its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 17.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,710 shares of the company’s stock after acquiring an additional 400 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $348,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Assetmark Inc. raised its stake in Vanguard Mega Cap Value ETF by 4.1% during the 3rd quarter. Assetmark Inc. now owns 13,969,433 shares of the company’s stock worth $1,791,999,000 after acquiring an additional 548,728 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in Vanguard Mega Cap Value ETF by 0.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,260,757 shares of the company’s stock worth $161,730,000 after acquiring an additional 11,338 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Mega Cap Value ETF by 53.1% during the 2nd quarter. LPL Financial LLC now owns 1,005,969 shares of the company’s stock worth $119,207,000 after acquiring an additional 348,936 shares in the last quarter. Black Diamond Financial LLC raised its stake in Vanguard Mega Cap Value ETF by 11.9% during the 3rd quarter. Black Diamond Financial LLC now owns 690,138 shares of the company’s stock worth $88,537,000 after acquiring an additional 73,246 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in Vanguard Mega Cap Value ETF by 1.6% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 646,158 shares of the company’s stock worth $82,889,000 after acquiring an additional 10,362 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV opened at $132.66 on Tuesday. The company’s fifty day moving average price is $129.58 and its 200 day moving average price is $124.39. Vanguard Mega Cap Value ETF has a 12 month low of $104.85 and a 12 month high of $133.82. The firm has a market capitalization of $8.22 billion, a P/E ratio of 18.88 and a beta of 0.66.

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.