Signature Estate & Investment Advisors LLC Buys New Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Signature Estate & Investment Advisors LLC purchased a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,925 shares of the company’s stock, valued at approximately $240,000.

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

Vanguard Mega Cap Value ETF Stock Performance

Vanguard Mega Cap Value ETF stock opened at $128.81 on Friday. The firm has a market cap of $8.88 billion, a price-to-earnings 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. The firm’s 50 day moving average price is $130.14 and its two-hundred day moving average price is $128.91.

Vanguard Mega Cap Value ETF Cuts Dividend

The business also recently declared 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.

Vanguard Mega Cap Value ETF 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.