41,856 Shares in Vanguard Mega Cap Value ETF $MGV Purchased by Partners Wealth Management LLC

Partners Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 41,856 shares of the company’s stock, valued at approximately $6,743,000. Vanguard Mega Cap Value ETF comprises 0.7% of Partners Wealth Management LLC’s investment portfolio, making the stock its 27th biggest holding. Partners Wealth Management LLC owned about 0.05% of Vanguard Mega Cap Value ETF at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Assetmark Inc. grew its position in Vanguard Mega Cap Value ETF by 1.1% in the 1st quarter. Assetmark Inc. now owns 15,596,695 shares of the company’s stock valued at $2,260,741,000 after buying an additional 166,009 shares during the last quarter. Bank of America Corp DE increased its stake in Vanguard Mega Cap Value ETF by 2.6% in the 1st quarter. Bank of America Corp DE now owns 4,639,212 shares of the company’s stock valued at $672,454,000 after buying an additional 117,605 shares during the period. Black Diamond Financial LLC increased its stake in Vanguard Mega Cap Value ETF by 2.9% in the 3rd quarter. Black Diamond Financial LLC now owns 779,389 shares of the company’s stock valued at $125,552,000 after buying an additional 22,160 shares during the period. Vantagepoint Investment Advisers LLC purchased a new position in Vanguard Mega Cap Value ETF during the 3rd quarter worth $118,104,000. Finally, Royal Bank of Canada raised its position in Vanguard Mega Cap Value ETF by 8.5% during the 1st quarter. Royal Bank of Canada now owns 727,459 shares of the company’s stock worth $105,445,000 after buying an additional 56,722 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $169.83 on Friday. Vanguard Mega Cap Value ETF has a one year low of $135.48 and a one year high of $169.85. The stock has a market capitalization of $14.21 billion, a PE ratio of 18.48 and a beta of 0.72. The company has a fifty day moving average of $165.53 and a 200-day moving average of $157.65.

Vanguard Mega Cap Value ETF Company 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.