Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Sees Unusually-High Trading Volume

Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) saw unusually-strong trading volume on Tuesday . Approximately 94,800 shares were traded during trading, a decline of 46% from the previous session’s volume of 175,460 shares.The stock last traded at $117.04 and had previously closed at $116.53.

Vanguard Mega Cap Value ETF Trading Up 0.3 %

The company has a market cap of $7.17 billion, a PE ratio of 18.51 and a beta of 0.68. The business’s 50 day moving average is $116.39 and its two-hundred day moving average is $110.51.

Institutional Trading of Vanguard Mega Cap Value ETF

Several institutional investors have recently made changes to their positions in MGV. Bernardo Wealth Planning LLC grew its stake in Vanguard Mega Cap Value ETF by 4.6% during the first quarter. Bernardo Wealth Planning LLC now owns 256,791 shares of the company’s stock valued at $30,689,000 after acquiring an additional 11,332 shares in the last quarter. PFG Advisors boosted its holdings in shares of Vanguard Mega Cap Value ETF by 174.8% during the 1st quarter. PFG Advisors now owns 21,991 shares of the company’s stock valued at $2,628,000 after purchasing an additional 13,987 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in shares of Vanguard Mega Cap Value ETF by 13.9% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 90,991 shares of the company’s stock valued at $10,874,000 after purchasing an additional 11,073 shares in the last quarter. 9258 Wealth Management LLC grew its position in shares of Vanguard Mega Cap Value ETF by 2.3% during the first quarter. 9258 Wealth Management LLC now owns 103,089 shares of the company’s stock valued at $12,320,000 after purchasing an additional 2,319 shares in the last quarter. Finally, Csenge Advisory Group increased its holdings in shares of Vanguard Mega Cap Value ETF by 8.3% in the first quarter. Csenge Advisory Group now owns 6,288 shares of the company’s stock worth $751,000 after purchasing an additional 482 shares during the last quarter.

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.