Vanguard Mega Cap Value ETF $MGV Shares Bought by Cresta Advisors Ltd.

Cresta Advisors Ltd. boosted its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 19.6% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 26,825 shares of the company’s stock after purchasing an additional 4,387 shares during the period. Vanguard Mega Cap Value ETF makes up approximately 2.1% of Cresta Advisors Ltd.’s portfolio, making the stock its 15th biggest holding. Cresta Advisors Ltd.’s holdings in Vanguard Mega Cap Value ETF were worth $4,321,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ascentis Independent Advisors acquired a new position in shares of Vanguard Mega Cap Value ETF in the 1st quarter valued at about $26,000. Kentucky Trust Co acquired a new stake in Vanguard Mega Cap Value ETF during the second quarter worth about $29,000. Financial Life Planners acquired a new stake in Vanguard Mega Cap Value ETF during the first quarter worth about $40,000. Bullseye Investment Management LLC acquired a new stake in Vanguard Mega Cap Value ETF during the second quarter worth about $40,000. Finally, Tower View Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF during the first quarter valued at approximately $58,000.

Vanguard Mega Cap Value ETF Trading Down 0.6%

Shares of MGV stock opened at $163.48 on Wednesday. The stock has a 50 day moving average of $165.75 and a 200 day moving average of $160.05. The stock has a market cap of $13.68 billion, a P/E ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a twelve month low of $135.48 and a twelve month high of $169.84.

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.