Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Acquired by World Investment Advisors

World Investment Advisors increased its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 12.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 8,962 shares of the company’s stock after acquiring an additional 987 shares during the quarter. World Investment Advisors’ holdings in Vanguard Mega Cap Value ETF were worth $1,119,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MGV. Financial Life Planners acquired a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter worth approximately $34,000. Allianz SE acquired a new position in Vanguard Mega Cap Value ETF in the fourth quarter worth approximately $38,000. Tanglewood Legacy Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter valued at $54,000. Mascoma Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth $74,000. Finally, Sachetta LLC acquired a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter worth $95,000.

Vanguard Mega Cap Value ETF Stock Down 6.2 %

Shares of Vanguard Mega Cap Value ETF stock opened at $116.95 on Friday. Vanguard Mega Cap Value ETF has a 12-month low of $113.36 and a 12-month high of $133.82. The firm has a market capitalization of $8.06 billion, a PE ratio of 20.13 and a beta of 0.85. The stock’s fifty day moving average is $129.66 and its 200-day moving average is $128.93.

Vanguard Mega Cap Value ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.6838 per share. The ex-dividend date was Thursday, March 27th.

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.