Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Bought by Mather Group LLC.

Mather Group LLC. increased its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1,949.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,896 shares of the company’s stock after purchasing an additional 36,998 shares during the quarter. Mather Group LLC. owned approximately 0.06% of Vanguard Mega Cap Value ETF worth $4,648,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Vanguard Mega Cap Value ETF during the second quarter valued at about $34,000. Principal Securities Inc. acquired a new stake in shares of Vanguard Mega Cap Value ETF during the fourth quarter valued at about $44,000. Northwest Financial Advisors purchased a new position in Vanguard Mega Cap Value ETF in the fourth quarter valued at about $46,000. Bare Financial Services Inc acquired a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $51,000. Finally, Financial Advocates Investment Management purchased a new position in shares of Vanguard Mega Cap Value ETF during the 4th quarter valued at approximately $125,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV traded up $0.75 during midday trading on Tuesday, reaching $118.75. The company had a trading volume of 412,964 shares, compared to its average volume of 182,886. Vanguard Mega Cap Value ETF has a one year low of $96.77 and a one year high of $124.57. The stock has a market capitalization of $7.36 billion, a P/E ratio of 18.88 and a beta of 0.66. The stock’s fifty day moving average price is $119.79 and its 200-day moving average price is $117.03.

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.