Wealthspire Advisors LLC Boosts Stock Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Wealthspire Advisors LLC grew its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 75,700 shares of the company’s stock after buying an additional 1,981 shares during the quarter. Wealthspire Advisors LLC owned 0.12% of Vanguard Mega Cap Value ETF worth $9,456,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in MGV. Assetmark Inc. increased its position in shares of Vanguard Mega Cap Value ETF by 4.1% in the third quarter. Assetmark Inc. now owns 13,969,433 shares of the company’s stock valued at $1,791,999,000 after buying an additional 548,728 shares in the last quarter. World Investment Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF in the third quarter valued at approximately $59,884,000. Strategic Financial Concepts LLC increased its position in shares of Vanguard Mega Cap Value ETF by 12,397.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 243,707 shares of the company’s stock valued at $30,441,000 after buying an additional 241,757 shares in the last quarter. Brophy Wealth Management LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF in the third quarter valued at approximately $16,744,000. Finally, Marmo Financial Group LLC boosted its stake in shares of Vanguard Mega Cap Value ETF by 92.5% in the third quarter. Marmo Financial Group LLC now owns 161,053 shares of the company’s stock worth $20,660,000 after acquiring an additional 77,368 shares during the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV opened at $130.90 on Friday. The business’s 50 day moving average price is $128.42 and its 200-day moving average price is $128.07. The firm has a market capitalization of $8.79 billion, a PE ratio of 20.60 and a beta of 0.86. Vanguard Mega Cap Value ETF has a 1 year low of $113.36 and a 1 year 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.