Bell Bank Buys New Position in Vanguard Mega Cap Value ETF $MGV

Bell Bank acquired a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,050 shares of the company’s stock, valued at approximately $652,000.

Several other large investors also recently modified their holdings of MGV. Silicon Valley Capital Partners lifted its position in shares of Vanguard Mega Cap Value ETF by 0.4% during the 2nd quarter. Silicon Valley Capital Partners now owns 15,567 shares of the company’s stock valued at $2,544,000 after acquiring an additional 68 shares during the period. Cyndeo Wealth Partners LLC increased its position in Vanguard Mega Cap Value ETF by 1.4% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 5,985 shares of the company’s stock valued at $964,000 after buying an additional 83 shares in the last quarter. AA Financial Advisors LLC increased its position in Vanguard Mega Cap Value ETF by 3.7% in the 1st quarter. AA Financial Advisors LLC now owns 2,442 shares of the company’s stock valued at $354,000 after buying an additional 88 shares in the last quarter. Valmark Advisers Inc. raised its stake in Vanguard Mega Cap Value ETF by 4.0% during the 1st quarter. Valmark Advisers Inc. now owns 2,546 shares of the company’s stock worth $369,000 after buying an additional 99 shares during the period. Finally, Roberts Glore & Co. Inc. IL raised its stake in Vanguard Mega Cap Value ETF by 0.6% during the 1st quarter. Roberts Glore & Co. Inc. IL now owns 18,903 shares of the company’s stock worth $2,740,000 after buying an additional 114 shares during the period.

Vanguard Mega Cap Value ETF Trading Up 0.8%

MGV opened at $166.39 on Wednesday. The company’s fifty day moving average price is $165.60 and its two-hundred day moving average price is $160.80. The company has a market cap of $13.92 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 1-year low of $135.48 and a 1-year high of $169.84.

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.