Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Bought by Howe & Rusling Inc.

Howe & Rusling Inc. raised its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 36,233 shares of the company’s stock after acquiring an additional 531 shares during the period. Howe & Rusling Inc. owned approximately 0.06% of Vanguard Mega Cap Value ETF worth $4,526,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in MGV. Financial Life Planners acquired a new position in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth $34,000. Tanglewood Legacy Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF during the fourth quarter worth about $54,000. Mascoma Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF in the fourth quarter valued at about $74,000. Sachetta LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter valued at approximately $95,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $108,000.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA MGV opened at $129.62 on Thursday. The business has a 50 day moving average price of $130.12 and a 200 day moving average price of $128.91. The company has a market capitalization of $8.93 billion, a P/E ratio of 20.13 and a beta of 0.85. Vanguard Mega Cap Value ETF has a 1-year low of $113.36 and a 1-year high of $133.82.

Vanguard Mega Cap Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a $0.6838 dividend. The ex-dividend date of this dividend is Thursday, March 27th.

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.