VSM Wealth Advisory LLC Takes Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

VSM Wealth Advisory LLC bought a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,954 shares of the company’s stock, valued at approximately $994,000.

A number of other institutional investors have also recently modified their holdings of the business. Wealthfront Advisers LLC grew its position in shares of Vanguard Mega Cap Value ETF by 40,868.2% during the 4th quarter. Wealthfront Advisers LLC now owns 27,161,100 shares of the company’s stock valued at $3,392,693,000 after acquiring an additional 27,094,802 shares during the period. Assetmark Inc. boosted its holdings in Vanguard Mega Cap Value ETF by 2.6% in the 4th quarter. Assetmark Inc. now owns 14,337,204 shares of the company’s stock worth $1,790,860,000 after buying an additional 367,771 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Vanguard Mega Cap Value ETF by 0.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,266,543 shares of the company’s stock worth $158,204,000 after buying an additional 5,786 shares during the last quarter. Black Diamond Financial LLC boosted its holdings in Vanguard Mega Cap Value ETF by 1.6% in the 4th quarter. Black Diamond Financial LLC now owns 701,296 shares of the company’s stock worth $87,599,000 after buying an additional 11,158 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Vanguard Mega Cap Value ETF in the 4th quarter worth about $84,153,000.

Vanguard Mega Cap Value ETF Trading Down 0.4 %

MGV stock opened at $128.52 on Wednesday. Vanguard Mega Cap Value ETF has a 12-month low of $113.36 and a 12-month high of $133.82. The stock has a market cap of $8.71 billion, a price-to-earnings ratio of 20.16 and a beta of 0.85. The business’s 50-day moving average is $129.65 and its 200 day moving average is $128.78.

Vanguard Mega Cap Value ETF Company 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.