Stonebridge Financial Group LLC Acquires Shares of 1,978 Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Stonebridge Financial Group LLC bought a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,978 shares of the company’s stock, valued at approximately $247,000.

Several other hedge funds have also recently modified their holdings of MGV. Assetmark Inc. increased its stake in Vanguard Mega Cap Value ETF by 4.1% during the 3rd quarter. Assetmark Inc. now owns 13,969,433 shares of the company’s stock worth $1,791,999,000 after buying an additional 548,728 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Vanguard Mega Cap Value ETF by 0.9% in the third quarter. PNC Financial Services Group Inc. now owns 1,260,757 shares of the company’s stock worth $161,730,000 after acquiring an additional 11,338 shares during the last quarter. Black Diamond Financial LLC increased its position in shares of Vanguard Mega Cap Value ETF by 11.9% during the third quarter. Black Diamond Financial LLC now owns 690,138 shares of the company’s stock worth $88,537,000 after purchasing an additional 73,246 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in Vanguard Mega Cap Value ETF by 1.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 646,158 shares of the company’s stock valued at $82,889,000 after purchasing an additional 10,362 shares during the last quarter. Finally, Merit Financial Group LLC lifted its holdings in Vanguard Mega Cap Value ETF by 7.8% in the 4th quarter. Merit Financial Group LLC now owns 582,474 shares of the company’s stock valued at $72,757,000 after purchasing an additional 42,119 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.5 %

Shares of MGV opened at $131.69 on Wednesday. The firm’s fifty day moving average is $128.10 and its two-hundred day moving average is $127.47. The stock has a market cap of $8.16 billion, a PE ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 52-week low of $110.66 and a 52-week high of $133.82.

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.