Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Acquired by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC increased its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 537.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,854 shares of the company’s stock after acquiring an additional 29,385 shares during the period. CIBC Private Wealth Group LLC owned approximately 0.06% of Vanguard Mega Cap Value ETF worth $4,373,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MGV. Financial Life Planners bought a new position in shares of Vanguard Mega Cap Value ETF during the 4th quarter valued at about $34,000. Allianz SE bought a new stake in Vanguard Mega Cap Value ETF during the fourth quarter worth approximately $38,000. Tanglewood Legacy Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF in the fourth quarter worth approximately $54,000. Mascoma Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the fourth quarter valued at $74,000. Finally, Sachetta LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter valued at $95,000.

Vanguard Mega Cap Value ETF Stock Down 0.3 %

MGV opened at $128.45 on Wednesday. The firm has a market cap of $8.85 billion, a PE ratio of 20.13 and a beta of 0.85. The business has a fifty day simple moving average of $130.08 and a 200-day simple moving average of $129.03. Vanguard Mega Cap Value ETF has a fifty-two week low of $113.36 and a fifty-two week high of $133.82.

Vanguard Mega Cap Value ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.6838 dividend. The ex-dividend date was Thursday, March 27th.

Vanguard Mega Cap Value ETF Company 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.