1,642 Shares in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Acquired by 49 Wealth Management LLC

49 Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,642 shares of the company’s stock, valued at approximately $211,000.

A number of other large investors have also recently made changes to their positions in MGV. Assetmark Inc. increased its stake in 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 purchasing an additional 548,728 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Vanguard Mega Cap Value ETF by 0.9% during 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. LPL Financial LLC grew its position in shares of Vanguard Mega Cap Value ETF by 53.1% during the second quarter. LPL Financial LLC now owns 1,005,969 shares of the company’s stock worth $119,207,000 after acquiring an additional 348,936 shares during the last quarter. Black Diamond Financial LLC grew 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 acquiring an additional 73,246 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in shares of Vanguard Mega Cap Value ETF by 1.6% during the third quarter. Sequoia Financial Advisors LLC now owns 646,158 shares of the company’s stock worth $82,889,000 after acquiring an additional 10,362 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Up 0.8 %

Shares of MGV opened at $132.26 on Friday. The firm has a market cap of $8.20 billion, a PE ratio of 18.88 and a beta of 0.66. The company’s 50 day simple moving average is $128.92 and its 200-day simple moving average is $123.71. Vanguard Mega Cap Value ETF has a 12-month low of $103.96 and a 12-month high of $132.39.

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.