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. The Fund attempts to replicate the target Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index. The Vanguard Group, Inc., through its Quantitative Equity Group (QEG), serves as the investment advisor of the Fund.
Basic Details
Issuer Vanguard
Fund NameVanguard Mega Cap Value ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:MGV
Inception Date12/17/2007
Fund ManagerMichael A. Johnson, Gerard C. OReilly
Phone+1-800-6627447
Fund Focus
Asset ClassEquity
BenchmarkCRSP U.S. Mega Cap Value Index
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$2.81 billion
Average Daily Volume$86,806.30
Discount/Premium-0.03%
ETF Expenses
Management Fee0.06%
Other Expenses0.01%
Total Expenses0.07%
Fee Waiver0.00%
Net Expenses0.07%
Administrator, Advisor and Custodian
AdministratorThe Vanguard Group, Inc.
AdvisorThe Vanguard Group, Inc.
CustodianState Street Bank and Trust Company
DistributorVanguard Marketing Corporation
Transfer AgentThe Vanguard Group, Inc.
Trustee
Lead Market MakerCantor Fitzgerald
Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Frequently Asked Questions
What is Vanguard Mega Cap Value ETF's stock symbol?
Vanguard Mega Cap Value ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "MGV."
How often does Vanguard Mega Cap Value ETF pay dividends? What is the dividend yield for Vanguard Mega Cap Value ETF?
Vanguard Mega Cap Value ETF announced a quarterly dividend on Tuesday, December 24th. Shareholders of record on Thursday, December 26th will be paid a dividend of $0.5989 per share on Monday, December 30th. This represents a $2.40 annualized dividend and a dividend yield of 2.75%. The ex-dividend date is Tuesday, December 24th. This is an increase from Vanguard Mega Cap Value ETF's previous quarterly dividend of $0.60. View Vanguard Mega Cap Value ETF's Dividend History.
Has Vanguard Mega Cap Value ETF been receiving favorable news coverage?
Media stories about MGV stock have trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Vanguard Mega Cap Value ETF earned a media sentiment score of -4.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Vanguard Mega Cap Value ETF.
What other stocks do shareholders of Vanguard Mega Cap Value ETF own?
Who are Vanguard Mega Cap Value ETF's key executives?
Vanguard Mega Cap Value ETF's management team includes the folowing people:
- F. William McNabb III, Chairman of the Board of Trustee, President, Chief Executive Officer
- Thomas J. Higgins, Chief Financial Officer
- Kathryn J. Hyatt, Treasurer
- Heidi Stam, Secretary
- Emerson U. Fullwood, Independent Trustees
- Rajiv L. Gupta, Independent Trustees
- Amy Gutmann, Independent Trustees
- JoAnn H Heisen, Independent Trustees
- F. Joseph Loughrey, Independent Trustees
Who are Vanguard Mega Cap Value ETF's major shareholders?
Vanguard Mega Cap Value ETF's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Assetmark Inc. (13.31%), Envestnet Asset Management Inc. (7.75%), PNC Financial Services Group Inc. (7.36%), Bank of America Corp DE (6.59%), Lincoln National Corp (4.92%) and UBS Group AG (3.52%). View Institutional Ownership Trends for Vanguard Mega Cap Value ETF.
Which institutional investors are selling Vanguard Mega Cap Value ETF stock?
MGV stock was sold by a variety of institutional investors in the last quarter, including Kingsview Wealth Management LLC, Ferris Capital LLC, Envestnet Asset Management Inc., OLD National Bancorp IN, UBS Group AG, Greytown Advisors Inc., Tower Research Capital LLC TRC and Nachman Norwood & Parrott Inc. View Insider Buying and Selling for Vanguard Mega Cap Value ETF.
Which institutional investors are buying Vanguard Mega Cap Value ETF stock?
MGV stock was purchased by a variety of institutional investors in the last quarter, including Assetmark Inc., Texas Capital Bank Wealth Management Services Inc., Bank of America Corp DE, Cambridge Investment Research Advisors Inc., Derby & Company Inc., Hilltop Wealth Advisors LLC, Lincoln National Corp and BHK Investment Advisors LLC. View Insider Buying and Selling for Vanguard Mega Cap Value ETF.
How do I buy shares of Vanguard Mega Cap Value ETF?
Shares of MGV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Vanguard Mega Cap Value ETF's stock price today?
One share of MGV stock can currently be purchased for approximately $87.08.
How big of a company is Vanguard Mega Cap Value ETF?
What is Vanguard Mega Cap Value ETF's official website?
How can I contact Vanguard Mega Cap Value ETF?
Vanguard Mega Cap Value ETF's mailing address is P.O. Box 2600, Valley Forge, 19482, United States. The company can be reached via phone at +1-800-6627447.
MarketBeat Community Rating for Vanguard Mega Cap Value ETF (NYSEARCA MGV)
MarketBeat's community ratings are surveys of what our community members think about Vanguard Mega Cap Value ETF and other stocks. Vote "Outperform" if you believe MGV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGV will underperform the S&P 500 over the long term. You may vote once every thirty days.
