Arkadios Wealth Advisors Increases Stock Position in Vanguard Mega Cap Value ETF $MGV

Arkadios Wealth Advisors increased its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 321.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,535 shares of the company’s stock after buying an additional 20,238 shares during the period. Arkadios Wealth Advisors’ holdings in Vanguard Mega Cap Value ETF were worth $3,846,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Merit Financial Group LLC raised its holdings in Vanguard Mega Cap Value ETF by 51.7% during the 4th quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock valued at $178,111,000 after acquiring an additional 429,853 shares during the period. Wellington Management Group LLP bought a new position in shares of Vanguard Mega Cap Value ETF in the third quarter worth $46,132,000. Strategic Investment Advisors MI boosted its holdings in shares of Vanguard Mega Cap Value ETF by 3,318,590.0% in the fourth quarter. Strategic Investment Advisors MI now owns 331,869 shares of the company’s stock worth $46,879,000 after acquiring an additional 331,859 shares during the period. Bank of America Corp DE grew its position in shares of Vanguard Mega Cap Value ETF by 7.9% in the second quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock valued at $575,265,000 after purchasing an additional 319,194 shares in the last quarter. Finally, Assetmark Inc. grew its position in shares of Vanguard Mega Cap Value ETF by 2.1% in the fourth quarter. Assetmark Inc. now owns 15,430,686 shares of the company’s stock valued at $2,178,196,000 after purchasing an additional 312,445 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA:MGV opened at $163.20 on Friday. The business’s fifty day moving average is $161.82 and its 200 day moving average is $153.90. The firm has a market cap of $13.16 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 52-week low of $128.84 and a 52-week high of $166.02.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.