Patriot Financial Group Insurance Agency LLC Has $1.32 Million Stock Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Patriot Financial Group Insurance Agency LLC increased its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 18.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,208 shares of the company’s stock after buying an additional 1,610 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,315,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of MGV. Wealthfront Advisers LLC boosted its holdings in Vanguard Mega Cap Value ETF by 40,868.2% during the fourth 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. grew its position 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 purchasing an additional 367,771 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Vanguard Mega Cap Value ETF by 3.3% during the 4th quarter. Bank of America Corp DE now owns 3,870,186 shares of the company’s stock worth $483,425,000 after purchasing an additional 122,412 shares during the period. Ameriprise Financial Inc. raised its position in shares of Vanguard Mega Cap Value ETF by 24.0% during the fourth quarter. Ameriprise Financial Inc. now owns 1,703,299 shares of the company’s stock valued at $212,769,000 after buying an additional 329,712 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Vanguard Mega Cap Value ETF by 0.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,266,543 shares of the company’s stock valued at $158,204,000 after buying an additional 5,786 shares during the period.

Vanguard Mega Cap Value ETF Stock Up 1.1%

MGV stock opened at $128.28 on Monday. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $133.82. The company has a market cap of $9.12 billion, a PE ratio of 19.08 and a beta of 0.81. The business’s 50-day simple moving average is $123.74 and its 200 day simple moving average is $127.24.

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.