Marmo Financial Group LLC Acquires 6,252 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Marmo Financial Group LLC lifted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 165,497 shares of the company’s stock after acquiring an additional 6,252 shares during the quarter. Vanguard Mega Cap Value ETF makes up about 11.7% of Marmo Financial Group LLC’s portfolio, making the stock its 3rd biggest holding. Marmo Financial Group LLC’s holdings in Vanguard Mega Cap Value ETF were worth $21,323,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Principal Securities Inc. increased its position in shares of Vanguard Mega Cap Value ETF by 16.5% in the fourth quarter. Principal Securities Inc. now owns 2,272 shares of the company’s stock worth $284,000 after acquiring an additional 321 shares in the last quarter. Jane Street Group LLC acquired a new stake in Vanguard Mega Cap Value ETF in the fourth quarter valued at approximately $713,000. Apollon Wealth Management LLC acquired a new stake in Vanguard Mega Cap Value ETF in the fourth quarter valued at approximately $211,000. Bank of Montreal Can lifted its stake in Vanguard Mega Cap Value ETF by 2.4% in the fourth quarter. Bank of Montreal Can now owns 8,346 shares of the company’s stock valued at $1,042,000 after acquiring an additional 199 shares during the last quarter. Finally, Truist Financial Corp lifted its stake in Vanguard Mega Cap Value ETF by 14.6% in the fourth quarter. Truist Financial Corp now owns 20,743 shares of the company’s stock valued at $2,591,000 after acquiring an additional 2,640 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.6%

Shares of Vanguard Mega Cap Value ETF stock opened at $128.74 on Friday. The firm has a fifty day simple moving average of $124.61 and a 200-day simple moving average of $127.18. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $133.82. The stock has a market capitalization of $9.15 billion, a price-to-earnings ratio of 19.08 and a beta of 0.81.

Vanguard Mega Cap Value ETF 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.