Janney Montgomery Scott LLC Has $10.89 Million Stock Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Janney Montgomery Scott LLC lifted its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 87,163 shares of the company’s stock after buying an additional 2,485 shares during the period. Janney Montgomery Scott LLC’s holdings in Vanguard Mega Cap Value ETF were worth $10,888,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MGV. Vanguard Personalized Indexing Management LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 38.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,836 shares of the company’s stock worth $336,000 after purchasing an additional 786 shares during the last quarter. Bank of Montreal Can increased its stake in shares of Vanguard Mega Cap Value ETF by 2.3% during the 2nd quarter. Bank of Montreal Can now owns 7,660 shares of the company’s stock worth $917,000 after purchasing an additional 174 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth $255,000. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Mega Cap Value ETF by 59.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,743 shares of the company’s stock valued at $2,458,000 after buying an additional 7,707 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in Vanguard Mega Cap Value ETF by 3.2% in the 2nd quarter. NewEdge Advisors LLC now owns 12,086 shares of the company’s stock valued at $1,432,000 after buying an additional 379 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.1 %

NYSEARCA:MGV opened at $130.89 on Monday. Vanguard Mega Cap Value ETF has a 1 year low of $110.33 and a 1 year high of $133.82. The firm’s fifty day simple moving average is $128.33 and its 200 day simple moving average is $126.73. The firm has a market capitalization of $8.11 billion, a PE ratio of 18.88 and a beta of 0.66.

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.