Sigma Planning Corp Increases Stock Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Sigma Planning Corp lifted its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 60.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,342 shares of the company’s stock after acquiring an additional 5,770 shares during the period. Sigma Planning Corp’s holdings in Vanguard Mega Cap Value ETF were worth $1,916,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Financial Life Planners purchased a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at $34,000. CENTRAL TRUST Co purchased a new position in Vanguard Mega Cap Value ETF in the 3rd quarter valued at $40,000. Angeles Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF in the 3rd quarter valued at $46,000. Tanglewood Legacy Advisors LLC purchased a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at $54,000. Finally, WFA Asset Management Corp grew its position in Vanguard Mega Cap Value ETF by 93.5% in the 3rd quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock valued at $61,000 after buying an additional 229 shares during the last quarter.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA:MGV opened at $130.90 on Monday. The firm’s fifty day moving average price is $128.42 and its 200 day moving average price is $128.14. Vanguard Mega Cap Value ETF has a 1-year low of $113.36 and a 1-year high of $133.82. The firm has a market cap of $8.79 billion, a price-to-earnings ratio of 20.60 and a beta of 0.86.

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.