FSC Wealth Advisors LLC Buys New Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

FSC Wealth Advisors LLC bought a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the third quarter, Holdings Channel reports. The fund bought 45,034 shares of the company’s stock, valued at approximately $5,777,000. Vanguard Mega Cap Value ETF comprises about 4.1% of FSC Wealth Advisors LLC’s investment portfolio, making the stock its 6th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Naples Money Management LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 1.4% during the second quarter. Naples Money Management LLC now owns 6,253 shares of the company’s stock worth $739,000 after purchasing an additional 88 shares in the last quarter. M3 Advisory Group LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 5.7% during the second quarter. M3 Advisory Group LLC now owns 1,954 shares of the company’s stock worth $232,000 after purchasing an additional 105 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in shares of Vanguard Mega Cap Value ETF by 5.5% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,075 shares of the company’s stock worth $266,000 after purchasing an additional 108 shares in the last quarter. Sonoma Private Wealth LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 4.7% during the third quarter. Sonoma Private Wealth LLC now owns 2,832 shares of the company’s stock worth $363,000 after purchasing an additional 126 shares in the last quarter. Finally, Global Trust Asset Management LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 4.0% during the second quarter. Global Trust Asset Management LLC now owns 4,135 shares of the company’s stock worth $490,000 after purchasing an additional 160 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV opened at $129.53 on Wednesday. The stock’s 50-day moving average is $126.98 and its two-hundred day moving average is $121.60. The stock has a market cap of $8.03 billion, a PE ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 12 month low of $96.77 and a 12 month high of $131.09.

About Vanguard Mega Cap Value ETF

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.