Maridea Wealth Management LLC Makes New Investment in Vanguard Mega Cap Value ETF $MGV

Maridea Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the third quarter, Holdings Channel.com reports. The fund bought 19,982 shares of the company’s stock, valued at approximately $2,768,000.

A number of other institutional investors also recently bought and sold shares of MGV. Visionary Wealth Advisors boosted its position in Vanguard Mega Cap Value ETF by 1.0% during the 2nd quarter. Visionary Wealth Advisors now owns 8,107 shares of the company’s stock valued at $1,064,000 after acquiring an additional 82 shares in the last quarter. Betterment LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 3.4% during the second quarter. Betterment LLC now owns 2,730 shares of the company’s stock valued at $358,000 after purchasing an additional 90 shares in the last quarter. Apollon Wealth Management LLC grew its stake in Vanguard Mega Cap Value ETF by 5.9% in the third quarter. Apollon Wealth Management LLC now owns 1,792 shares of the company’s stock worth $247,000 after purchasing an additional 100 shares during the period. Richardson Financial Services Inc. raised its holdings in Vanguard Mega Cap Value ETF by 2.8% in the third quarter. Richardson Financial Services Inc. now owns 4,589 shares of the company’s stock worth $632,000 after purchasing an additional 126 shares in the last quarter. Finally, Focus Financial Network Inc. raised its holdings in Vanguard Mega Cap Value ETF by 5.2% in the third quarter. Focus Financial Network Inc. now owns 2,555 shares of the company’s stock worth $354,000 after purchasing an additional 127 shares in the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.2%

Shares of MGV stock opened at $152.35 on Wednesday. Vanguard Mega Cap Value ETF has a 12 month low of $112.25 and a 12 month high of $154.03. The stock has a market cap of $11.59 billion, a PE ratio of 18.48 and a beta of 0.80. The company’s fifty day moving average price is $145.92 and its 200-day moving average price is $139.89.

Vanguard Mega Cap Value ETF Company 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.