Envestnet Asset Management Inc. Buys 150,941 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

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Envestnet Asset Management Inc. increased its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 5.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,933,419 shares of the company’s stock after buying an additional 150,941 shares during the quarter. Envestnet Asset Management Inc. owned 0.09% of Vanguard Mega Cap Value ETF worth $236,140,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Vigilant Capital Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth approximately $81,000. Asset Planning Services Ltd. lifted its position in shares of Vanguard Mega Cap Value ETF by 76.2% during the 2nd quarter. Asset Planning Services Ltd. now owns 1,445 shares of the company’s stock worth $116,000 after buying an additional 625 shares during the period. NEXT Financial Group Inc bought a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth approximately $130,000. Concorde Asset Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF during the 1st quarter worth approximately $213,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard Mega Cap Value ETF by 29.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,105 shares of the company’s stock worth $242,000 after buying an additional 704 shares during the period.

Shares of Vanguard Mega Cap Value ETF stock traded down $0.53 during midday trading on Thursday, hitting $76.47. 2,660 shares of the company were exchanged, compared to its average volume of 129,753. Vanguard Mega Cap Value ETF has a 52 week low of $66.82 and a 52 week high of $82.35. The firm has a 50 day simple moving average of $80.80.

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.

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Institutional Ownership by Quarter for Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

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