Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Reaches New 12-Month High – Should You Buy?

Vanguard Mega Cap Value ETF (NYSEARCA:MGV)’s stock price reached a new 52-week high on Monday . The company traded as high as $133.42 and last traded at $133.35, with a volume of 10860 shares changing hands. The stock had previously closed at $132.26.

Vanguard Mega Cap Value ETF Stock Performance

The company has a market capitalization of $8.24 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. The firm has a fifty day moving average price of $129.15 and a 200-day moving average price of $124.01.

Institutional Investors Weigh In On Vanguard Mega Cap Value ETF

A number of large investors have recently bought and sold shares of MGV. Naples Money Management LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 1.4% in the 2nd quarter. Naples Money Management LLC now owns 6,253 shares of the company’s stock valued at $739,000 after purchasing an additional 88 shares in the last quarter. M3 Advisory Group LLC boosted its stake in Vanguard Mega Cap Value ETF by 5.7% in the second quarter. M3 Advisory Group LLC now owns 1,954 shares of the company’s stock valued at $232,000 after buying an additional 105 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in Vanguard Mega Cap Value ETF by 5.5% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,075 shares of the company’s stock valued at $266,000 after buying an additional 108 shares in the last quarter. Continuum Advisory LLC grew its position in Vanguard Mega Cap Value ETF by 3.8% in the third quarter. Continuum Advisory LLC now owns 3,448 shares of the company’s stock valued at $449,000 after acquiring an additional 125 shares during the last quarter. Finally, Sonoma Private Wealth LLC raised its stake in Vanguard Mega Cap Value ETF by 4.7% during the third quarter. Sonoma Private Wealth LLC now owns 2,832 shares of the company’s stock worth $363,000 after acquiring an additional 126 shares in the last quarter.

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.