Capital Planning LLC Increases Stake in Vanguard Mega Cap Value ETF $MGV

Capital Planning LLC grew its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 14.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 71,058 shares of the company’s stock after buying an additional 8,842 shares during the quarter. Vanguard Mega Cap Value ETF makes up 3.4% of Capital Planning LLC’s portfolio, making the stock its 10th largest position. Capital Planning LLC’s holdings in Vanguard Mega Cap Value ETF were worth $10,300,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Ascentis Independent Advisors bought a new stake in Vanguard Mega Cap Value ETF during the 1st quarter worth about $26,000. Tucker Asset Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the fourth quarter worth about $26,000. Bay Harbor Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the fourth quarter worth about $33,000. Nemes Rush Group LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the third quarter worth about $34,000. Finally, Financial Life Planners acquired a new position in shares of Vanguard Mega Cap Value ETF during the third quarter worth approximately $37,000.

Vanguard Mega Cap Value ETF Price Performance

MGV opened at $162.62 on Thursday. Vanguard Mega Cap Value ETF has a one year low of $128.84 and a one year high of $166.02. The company’s 50 day simple moving average is $158.72 and its 200-day simple moving average is $151.53. The stock has a market capitalization of $13.11 billion, a P/E ratio of 18.48 and a beta of 0.72.

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.