Howe & Rusling Inc. Has $4.53 Million Stock Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Howe & Rusling Inc. raised its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 36,233 shares of the company’s stock after buying an additional 531 shares during the quarter. Howe & Rusling Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $4,526,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Graney & King LLC bought a new position in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth about $868,000. Dechtman Wealth Management LLC increased its stake in Vanguard Mega Cap Value ETF by 326.1% during the fourth quarter. Dechtman Wealth Management LLC now owns 217,034 shares of the company’s stock valued at $27,110,000 after acquiring an additional 166,103 shares during the period. Bay Capital Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $437,000. Signature Estate & Investment Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $240,000. Finally, TIAA Trust National Association lifted its position in shares of Vanguard Mega Cap Value ETF by 21.2% in the 4th quarter. TIAA Trust National Association now owns 1,916 shares of the company’s stock worth $239,000 after acquiring an additional 335 shares during the period.

Vanguard Mega Cap Value ETF Trading Up 0.1 %

MGV opened at $129.62 on Thursday. The stock has a market cap of $8.93 billion, a PE ratio of 20.13 and a beta of 0.85. Vanguard Mega Cap Value ETF has a 1 year low of $113.36 and a 1 year high of $133.82. The stock’s 50 day simple moving average is $130.12 and its 200-day simple moving average is $128.91.

Vanguard Mega Cap Value ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a $0.6838 dividend. The ex-dividend date is Thursday, March 27th.

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.