14,185 Shares in Vanguard Mega Cap Value ETF $MGV Bought by Finward Bancorp

Finward Bancorp bought a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 14,185 shares of the company’s stock, valued at approximately $2,285,000. Vanguard Mega Cap Value ETF accounts for about 1.6% of Finward Bancorp’s investment portfolio, making the stock its 18th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Matthew Goff Investment Advisor LLC acquired a new stake in Vanguard Mega Cap Value ETF in the first quarter valued at $1,597,000. Baird Financial Group Inc. boosted 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 in the last quarter. ICONIQ Capital LLC acquired a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth $1,192,000. Pure Financial Advisors LLC grew its stake in shares of Vanguard Mega Cap Value ETF by 1.3% during the 4th quarter. Pure Financial Advisors LLC now owns 296,940 shares of the company’s stock worth $41,916,000 after purchasing an additional 3,779 shares during the period. Finally, Greenleaf Trust acquired a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth $307,000.

Vanguard Mega Cap Value ETF Trading Up 0.4%

Shares of MGV traded up $0.64 during trading hours on Wednesday, reaching $164.12. The company had a trading volume of 192,088 shares, compared to its average volume of 258,015. The firm has a 50 day simple moving average of $165.75 and a 200-day simple moving average of $160.05. The company has a market capitalization of $13.73 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 12-month low of $135.48 and a 12-month high of $169.84.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.