Praetorian Wealth Management Inc. Raises Holdings in Vanguard Mega Cap Value ETF $MGV

Praetorian Wealth Management Inc. raised its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 379,594 shares of the company’s stock after purchasing an additional 10,854 shares during the period. Vanguard Mega Cap Value ETF accounts for approximately 10.7% of Praetorian Wealth Management Inc.’s investment portfolio, making the stock its 2nd largest holding. Praetorian Wealth Management Inc. owned about 0.47% of Vanguard Mega Cap Value ETF worth $62,045,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ascentis Independent Advisors purchased a new stake in shares of Vanguard Mega Cap Value ETF during the first quarter valued at about $26,000. Tucker Asset Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter worth approximately $26,000. Bay Harbor Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter worth approximately $33,000. Key Financial Inc raised its stake in shares of Vanguard Mega Cap Value ETF by 511.1% during the 4th quarter. Key Financial Inc now owns 275 shares of the company’s stock worth $39,000 after acquiring an additional 230 shares in the last quarter. Finally, Financial Life Planners bought a new position in shares of Vanguard Mega Cap Value ETF during the 1st quarter worth approximately $40,000.

Vanguard Mega Cap Value ETF Stock Down 0.3%

NYSEARCA:MGV opened at $166.04 on Friday. Vanguard Mega Cap Value ETF has a 52 week low of $129.93 and a 52 week high of $167.30. The firm has a 50 day moving average of $162.47 and a 200 day moving average of $154.50. The stock has a market capitalization of $13.39 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72.

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.