Greenleaf Trust Acquires New Shares in Vanguard Mega Cap Value ETF $MGV

Greenleaf Trust bought a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,489 shares of the company’s stock, valued at approximately $307,000.

Other institutional investors have also recently bought and sold shares of the company. Wellington Management Group LLP bought a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at approximately $46,132,000. Strategic Investment Advisors MI lifted its stake in Vanguard Mega Cap Value ETF by 3,318,590.0% in the 4th quarter. Strategic Investment Advisors MI now owns 331,869 shares of the company’s stock valued at $46,879,000 after purchasing an additional 331,859 shares during the last quarter. Bank of America Corp DE lifted its stake in Vanguard Mega Cap Value ETF by 7.9% in the 2nd quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock valued at $575,265,000 after purchasing an additional 319,194 shares during the last quarter. Prosperity Consulting Group LLC acquired a new stake in Vanguard Mega Cap Value ETF in the third quarter valued at approximately $40,969,000. Finally, Raymond James Financial Inc. grew its stake in shares of Vanguard Mega Cap Value ETF by 29.3% during the second quarter. Raymond James Financial Inc. now owns 855,215 shares of the company’s stock worth $112,204,000 after buying an additional 193,776 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV opened at $167.36 on Thursday. Vanguard Mega Cap Value ETF has a 52-week low of $133.33 and a 52-week high of $169.84. The company has a market capitalization of $13.50 billion, a PE ratio of 18.48 and a beta of 0.72. The company has a fifty day moving average of $165.24 and a 200-day moving average of $157.01.

About Vanguard Mega Cap Value ETF

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.