Landaas & Co. WI ADV Makes New $835,000 Investment in Vanguard Mega Cap Value ETF $MGV

Landaas & Co. WI ADV acquired a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,186 shares of the company’s stock, valued at approximately $835,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Kentucky Trust Co purchased a new stake in shares of Vanguard Mega Cap Value ETF in the 2nd quarter valued at about $29,000. Ascentis Independent Advisors bought a new stake in shares of Vanguard Mega Cap Value ETF during the 1st quarter valued at about $26,000. Root Financial Partners LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $33,000. Adirondack Trust Co. bought a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $34,000. Finally, Balance Wealth Partners LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the third quarter worth about $36,000.

Vanguard Mega Cap Value ETF Trading Up 0.2%

Shares of NYSEARCA MGV opened at $169.29 on Tuesday. The business has a 50-day moving average of $165.58 and a 200-day moving average of $157.89. The firm has a market capitalization of $14.16 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 $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.