Vanguard Mega Cap Value ETF (NYSEARCA:MGV) is Dechtman Wealth Management LLC’s 6th Largest Position

Dechtman Wealth Management LLC grew its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 326.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 217,034 shares of the company’s stock after buying an additional 166,103 shares during the period. Vanguard Mega Cap Value ETF accounts for 5.2% of Dechtman Wealth Management LLC’s holdings, making the stock its 6th biggest holding. Dechtman Wealth Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $27,110,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Cerity Partners LLC lifted its holdings in shares of Vanguard Mega Cap Value ETF by 12.3% in the 3rd quarter. Cerity Partners LLC now owns 7,950 shares of the company’s stock valued at $1,020,000 after buying an additional 868 shares during the period. Summit Trail Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth $1,131,000. D.A. Davidson & CO. grew its stake in shares of Vanguard Mega Cap Value ETF by 8.1% during the 3rd quarter. D.A. Davidson & CO. now owns 99,062 shares of the company’s stock worth $12,708,000 after purchasing an additional 7,432 shares during the period. FMR LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 13.1% in the 3rd quarter. FMR LLC now owns 17,709 shares of the company’s stock valued at $2,272,000 after purchasing an additional 2,052 shares in the last quarter. Finally, CreativeOne Wealth LLC boosted its holdings in Vanguard Mega Cap Value ETF by 45.7% during the third quarter. CreativeOne Wealth LLC now owns 4,384 shares of the company’s stock worth $562,000 after buying an additional 1,376 shares in the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.3 %

Shares of MGV opened at $129.45 on Wednesday. Vanguard Mega Cap Value ETF has a twelve month low of $113.36 and a twelve month high of $133.82. The firm has a market capitalization of $8.92 billion, a P/E ratio of 20.13 and a beta of 0.85. The firm’s 50-day moving average is $130.07 and its two-hundred day moving average is $128.91.

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.