Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Reaches New 1-Year High – Time to Buy?

Vanguard Mega Cap Value ETF (NYSEARCA:MGV)’s stock price reached a new 52-week high on Monday . The company traded as high as $133.42 and last traded at $133.35, with a volume of 10860 shares trading hands. The stock had previously closed at $132.26.

Vanguard Mega Cap Value ETF Trading Up 0.4 %

The stock has a market cap of $8.23 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. The company has a fifty day simple moving average of $128.92 and a 200-day simple moving average of $123.80.

Institutional Trading of Vanguard Mega Cap Value ETF

A number of institutional investors have recently bought and sold shares of the company. World Investment Advisors LLC bought a new stake in Vanguard Mega Cap Value ETF during the third quarter worth approximately $1,023,000. Passumpsic Savings Bank lifted its position in shares of Vanguard Mega Cap Value ETF by 8.5% in the 3rd quarter. Passumpsic Savings Bank now owns 10,775 shares of the company’s stock worth $1,382,000 after acquiring an additional 845 shares during the period. Brophy Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the third quarter valued at approximately $16,744,000. Continuum Advisory LLC lifted its position in Vanguard Mega Cap Value ETF by 3.8% in the third quarter. Continuum Advisory LLC now owns 3,448 shares of the company’s stock worth $449,000 after purchasing an additional 125 shares during the period. Finally, Glass Jacobson Investment Advisors llc raised its stake in shares of Vanguard Mega Cap Value ETF by 9.1% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 23,969 shares of the company’s stock valued at $3,075,000 after buying an additional 2,007 shares in the last quarter.

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.