Waystone Advisors LLC Makes New Investment in Vanguard Mega Cap Value ETF $MGV

Waystone Advisors LLC acquired a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 40,563 shares of the company’s stock, valued at approximately $5,726,000. Vanguard Mega Cap Value ETF comprises about 4.9% of Waystone Advisors LLC’s holdings, making the stock its 4th biggest position. Waystone Advisors LLC owned 0.05% of Vanguard Mega Cap Value ETF as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Focus Partners Wealth grew its stake in shares of Vanguard Mega Cap Value ETF by 18.2% during the 1st quarter. Focus Partners Wealth now owns 10,769 shares of the company’s stock worth $1,387,000 after purchasing an additional 1,662 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Vanguard Mega Cap Value ETF by 5.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,063 shares of the company’s stock worth $533,000 after purchasing an additional 192 shares during the period. NewEdge Advisors LLC grew its stake in shares of Vanguard Mega Cap Value ETF by 4.9% during the 2nd quarter. NewEdge Advisors LLC now owns 12,167 shares of the company’s stock worth $1,596,000 after purchasing an additional 570 shares during the period. HUB Investment Partners LLC grew its stake in shares of Vanguard Mega Cap Value ETF by 7.9% during the 2nd quarter. HUB Investment Partners LLC now owns 2,906 shares of the company’s stock worth $381,000 after purchasing an additional 214 shares during the period. Finally, Diversify Advisory Services LLC grew its stake in shares of Vanguard Mega Cap Value ETF by 13.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 15,656 shares of the company’s stock worth $2,073,000 after purchasing an additional 1,880 shares during the period.

Vanguard Mega Cap Value ETF Stock Down 0.1%

NYSEARCA:MGV opened at $157.76 on Thursday. Vanguard Mega Cap Value ETF has a fifty-two week low of $125.78 and a fifty-two week high of $158.37. The stock has a market cap of $12.28 billion, a PE ratio of 18.48 and a beta of 0.73. The firm’s fifty day simple moving average is $150.21 and its 200-day simple moving average is $146.89.

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.