Allworth Financial LP Acquires 444 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Allworth Financial LP lifted its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.5% in the 4th quarter, Holdings Channel reports. The firm owned 18,488 shares of the company’s stock after acquiring an additional 444 shares during the period. Allworth Financial LP’s holdings in Vanguard Mega Cap Value ETF were worth $2,399,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Financial Life Planners purchased a new position in Vanguard Mega Cap Value ETF in the 4th quarter worth approximately $34,000. CENTRAL TRUST Co purchased a new position in Vanguard Mega Cap Value ETF in the third quarter worth $40,000. Angeles Wealth Management LLC bought a new position in Vanguard Mega Cap Value ETF in the third quarter valued at $46,000. Tanglewood Legacy Advisors LLC purchased a new stake in Vanguard Mega Cap Value ETF during the fourth quarter valued at about $54,000. Finally, WFA Asset Management Corp lifted its stake in Vanguard Mega Cap Value ETF by 93.5% during the third quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock worth $61,000 after purchasing an additional 229 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Up 0.5 %

Shares of NYSEARCA MGV opened at $132.34 on Wednesday. The stock’s 50-day moving average is $128.15 and its 200 day moving average is $127.76. The stock has a market cap of $8.20 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 1-year low of $112.74 and a 1-year high of $133.82.

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.