Modera Wealth Management LLC Purchases 70,772 Shares of Vanguard Mega Cap Value ETF $MGV

Modera Wealth Management LLC acquired a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 70,772 shares of the company’s stock, valued at approximately $11,401,000.

A number of other large investors have also recently added to or reduced their stakes in the business. ICONIQ Capital LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the second quarter valued at approximately $1,192,000. Baird Financial Group Inc. raised its position in shares of Vanguard Mega Cap Value ETF by 1.0% during the 2nd quarter. Baird Financial Group Inc. now owns 387,221 shares of the company’s stock worth $63,291,000 after purchasing an additional 3,737 shares during the last quarter. Greenleaf Trust acquired a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth approximately $307,000. Piedmont Capital Management LLC purchased a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter valued at approximately $18,379,000. Finally, Praetorian Wealth Management Inc. lifted its stake in Vanguard Mega Cap Value ETF by 2.9% in the 2nd quarter. Praetorian Wealth Management Inc. now owns 379,594 shares of the company’s stock valued at $62,045,000 after buying an additional 10,854 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV opened at $169.00 on Friday. The business’s fifty day moving average price is $165.56 and its two-hundred day moving average price is $157.77. The stock has a market cap of $14.14 billion, a PE ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a one year low of $135.48 and a one year high of $170.56.

Vanguard Mega Cap Value ETF 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.