Vanguard Mega Cap Value ETF $MGV Stock Holdings Lifted by PFG Private Wealth Management LLC

PFG Private Wealth Management LLC increased its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 52.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 100,275 shares of the company’s stock after acquiring an additional 34,292 shares during the period. Vanguard Mega Cap Value ETF makes up about 6.8% of PFG Private Wealth Management LLC’s holdings, making the stock its 4th largest holding. PFG Private Wealth Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $16,153,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Assetmark Inc. grew its holdings in shares of Vanguard Mega Cap Value ETF by 1.1% during the 1st quarter. Assetmark Inc. now owns 15,596,695 shares of the company’s stock worth $2,260,741,000 after purchasing an additional 166,009 shares during the period. Bank of America Corp DE increased its position in shares of Vanguard Mega Cap Value ETF by 2.6% during the 1st quarter. Bank of America Corp DE now owns 4,639,212 shares of the company’s stock worth $672,454,000 after purchasing an additional 117,605 shares during the last quarter. Royal Bank of Canada increased its position in shares of Vanguard Mega Cap Value ETF by 8.5% during the 1st quarter. Royal Bank of Canada now owns 727,459 shares of the company’s stock worth $105,445,000 after purchasing an additional 56,722 shares during the last quarter. BTG Pactual Asset Management US LLC increased its position in shares of Vanguard Mega Cap Value ETF by 238.0% during the 2nd quarter. BTG Pactual Asset Management US LLC now owns 724,232 shares of the company’s stock worth $118,376,000 after purchasing an additional 509,956 shares during the last quarter. Finally, Strategic Investment Advisors MI raised its holdings in Vanguard Mega Cap Value ETF by 30.9% in the 1st quarter. Strategic Investment Advisors MI now owns 434,386 shares of the company’s stock valued at $63,013,000 after buying an additional 102,517 shares during the period.

Vanguard Mega Cap Value ETF Trading Up 0.7%

MGV traded up $1.10 on Thursday, hitting $165.22. The company had a trading volume of 135,935 shares, compared to its average volume of 257,239. The firm has a market cap of $13.82 billion, a P/E ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 1 year low of $135.48 and a 1 year high of $169.84. The company’s fifty day moving average price is $165.71 and its 200 day moving average price is $160.19.

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.