Marks Wealth LLC Invests $721,000 in Vanguard Mega Cap Value ETF $MGV

Marks Wealth LLC acquired a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,231 shares of the company’s stock, valued at approximately $721,000. Vanguard Mega Cap Value ETF accounts for approximately 0.2% of Marks Wealth LLC’s investment portfolio, making the stock its 14th largest position.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Fingerlakes Wealth Management Inc. grew its stake in shares of Vanguard Mega Cap Value ETF by 15.3% in the third quarter. Fingerlakes Wealth Management Inc. now owns 47,143 shares of the company’s stock worth $6,494,000 after acquiring an additional 6,260 shares in the last quarter. Addison Advisors LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 9.9% in the second quarter. Addison Advisors LLC now owns 4,265 shares of the company’s stock valued at $560,000 after acquiring an additional 385 shares in the last quarter. Brighton Jones LLC purchased a new position in Vanguard Mega Cap Value ETF in the third quarter valued at $695,000. Ascent Group LLC boosted its holdings in Vanguard Mega Cap Value ETF by 162.6% in the third quarter. Ascent Group LLC now owns 21,369 shares of the company’s stock valued at $2,943,000 after purchasing an additional 13,233 shares during the period. Finally, Corient Private Wealth LLC grew its stake in Vanguard Mega Cap Value ETF by 89.9% during the 2nd quarter. Corient Private Wealth LLC now owns 10,413 shares of the company’s stock worth $1,366,000 after purchasing an additional 4,931 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $146.60 on Friday. The company has a market cap of $11.15 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80. The stock’s 50-day moving average is $141.06 and its two-hundred day moving average is $137.02. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $147.04.

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