Moneco Advisors LLC Raises Holdings in Vanguard Mega Cap Value ETF $MGV

Moneco Advisors LLC grew its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 56.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,612 shares of the company’s stock after purchasing an additional 4,936 shares during the period. Moneco Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,921,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Cornerstone Planning Group LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the third quarter valued at about $28,000. Root Financial Partners LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the third quarter valued at about $29,000. Bay Harbor Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the fourth quarter valued at about $33,000. First Horizon Corp purchased a new position in shares of Vanguard Mega Cap Value ETF during the third quarter valued at about $34,000. Finally, Nemes Rush Group LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the third quarter valued at about $34,000.

Vanguard Mega Cap Value ETF Stock Up 0.3%

Shares of Vanguard Mega Cap Value ETF stock opened at $155.63 on Friday. The firm has a market cap of $12.11 billion, a price-to-earnings ratio of 18.48 and a beta of 0.73. The business has a 50-day moving average price of $148.79 and a 200-day moving average price of $145.71. Vanguard Mega Cap Value ETF has a twelve month low of $124.25 and a twelve month high of $156.13.

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.