Worth Asset Management LLC Purchases New Shares in Vanguard Mega Cap Value ETF $MGV

Worth Asset Management LLC acquired a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the first quarter, HoldingsChannel reports. The fund acquired 21,484 shares of the company’s stock, valued at approximately $3,114,000. Vanguard Mega Cap Value ETF makes up approximately 1.2% of Worth Asset Management LLC’s investment portfolio, making the stock its 15th largest holding.

Several other large investors have also recently added to or reduced their stakes in the company. Tucker Asset Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the fourth quarter valued at about $26,000. Bay Harbor Wealth Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF in the fourth quarter valued at about $33,000. Nemes Rush Group LLC bought a new position in Vanguard Mega Cap Value ETF during the third quarter worth about $34,000. Financial Life Planners bought a new position in Vanguard Mega Cap Value ETF during the third quarter worth about $37,000. Finally, Key Financial Inc increased its position in Vanguard Mega Cap Value ETF by 511.1% during the fourth quarter. Key Financial Inc now owns 275 shares of the company’s stock worth $39,000 after acquiring an additional 230 shares during the period.

Vanguard Mega Cap Value ETF Stock Up 1.1%

Shares of Vanguard Mega Cap Value ETF stock opened at $164.04 on Tuesday. The stock has a market capitalization of $12.77 billion, a price-to-earnings ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a twelve month low of $127.95 and a twelve month high of $164.40. The company has a 50-day simple moving average of $155.42 and a two-hundred day simple moving average of $149.64.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.