Vantagepoint Investment Advisers LLC Purchases 733,157 Shares of Vanguard Mega Cap Value ETF $MGV

Vantagepoint Investment Advisers LLC acquired a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 733,157 shares of the company’s stock, valued at approximately $118,104,000.

A number of other large investors have also modified their holdings of MGV. Assetmark Inc. increased its holdings in Vanguard Mega Cap Value ETF by 1.1% during the 1st quarter. Assetmark Inc. now owns 15,596,695 shares of the company’s stock worth $2,260,741,000 after purchasing an additional 166,009 shares during the period. Bank of America Corp DE grew its position in shares of Vanguard Mega Cap Value ETF by 2.6% during the first quarter. Bank of America Corp DE now owns 4,639,212 shares of the company’s stock worth $672,454,000 after buying an additional 117,605 shares in the last quarter. BTG Pactual Asset Management US LLC grew its position in shares of Vanguard Mega Cap Value ETF by 238.0% during the second quarter. BTG Pactual Asset Management US LLC now owns 724,232 shares of the company’s stock worth $118,376,000 after buying an additional 509,956 shares in the last quarter. Royal Bank of Canada increased its stake in shares of Vanguard Mega Cap Value ETF by 8.5% during the first quarter. Royal Bank of Canada now owns 727,459 shares of the company’s stock worth $105,445,000 after buying an additional 56,722 shares during the period. Finally, Baird Financial Group Inc. increased its stake in shares of Vanguard Mega Cap Value ETF by 1.0% during the second quarter. Baird Financial Group Inc. now owns 387,221 shares of the company’s stock worth $63,291,000 after buying an additional 3,737 shares during the period.

Vanguard Mega Cap Value ETF Stock Up 0.6%

Shares of NYSEARCA:MGV opened at $167.70 on Tuesday. The firm’s 50 day moving average price is $165.53 and its 200 day moving average price is $157.18. The stock has a market cap of $14.03 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a fifty-two week low of $135.48 and a fifty-two week high of $169.84.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.