Orion Portfolio Solutions LLC Buys 2,438 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Orion Portfolio Solutions LLC grew its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 56.0% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 6,790 shares of the company’s stock after buying an additional 2,438 shares during the period. Orion Portfolio Solutions LLC’s holdings in Vanguard Mega Cap Value ETF were worth $871,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in MGV. Raymond James & Associates lifted its position in shares of Vanguard Mega Cap Value ETF by 2.9% in the 2nd quarter. Raymond James & Associates now owns 506,821 shares of the company’s stock worth $60,058,000 after acquiring an additional 14,355 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in shares of Vanguard Mega Cap Value ETF by 6.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 130,124 shares of the company’s stock valued at $15,420,000 after purchasing an additional 7,580 shares in the last quarter. SOL Capital Management CO lifted its position in Vanguard Mega Cap Value ETF by 3.6% in the second quarter. SOL Capital Management CO now owns 90,086 shares of the company’s stock worth $10,675,000 after purchasing an additional 3,155 shares during the period. &PARTNERS boosted its stake in Vanguard Mega Cap Value ETF by 39.1% during the second quarter. &PARTNERS now owns 4,986 shares of the company’s stock worth $591,000 after buying an additional 1,402 shares in the last quarter. Finally, Cedrus LLC increased its holdings in Vanguard Mega Cap Value ETF by 4.7% in the 2nd quarter. Cedrus LLC now owns 58,851 shares of the company’s stock valued at $6,974,000 after buying an additional 2,652 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV stock opened at $128.76 on Monday. The firm has a fifty day moving average of $129.97 and a 200-day moving average of $125.12. The stock has a market cap of $7.98 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 52-week low of $107.38 and a 52-week high of $133.82.

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.