Optivise Advisory Services LLC Raises Stock Holdings in Vanguard Mega Cap Value ETF $MGV

Optivise Advisory Services LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 13.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,698 shares of the company’s stock after purchasing an additional 447 shares during the quarter. Optivise Advisory Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $485,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Stratos Wealth Partners LTD. raised its holdings in Vanguard Mega Cap Value ETF by 13.1% during the 1st quarter. Stratos Wealth Partners LTD. now owns 4,821 shares of the company’s stock valued at $621,000 after buying an additional 558 shares during the period. Golden State Wealth Management LLC purchased a new stake in Vanguard Mega Cap Value ETF during the 1st quarter valued at $71,000. Avior Wealth Management LLC raised its holdings in Vanguard Mega Cap Value ETF by 8.7% during the 2nd quarter. Avior Wealth Management LLC now owns 135,528 shares of the company’s stock valued at $17,783,000 after buying an additional 10,792 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 4.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 78,059 shares of the company’s stock valued at $10,412,000 after acquiring an additional 3,357 shares during the period. Finally, US Bancorp DE raised its stake in shares of Vanguard Mega Cap Value ETF by 0.7% in the second quarter. US Bancorp DE now owns 102,710 shares of the company’s stock valued at $13,488,000 after acquiring an additional 703 shares during the period.

Vanguard Mega Cap Value ETF Trading Down 0.5%

Shares of MGV opened at $136.64 on Tuesday. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $139.65. The company has a market cap of $10.16 billion, a P/E ratio of 18.48 and a beta of 0.80. The company’s fifty day simple moving average is $136.91 and its 200-day simple moving average is $131.75.

About Vanguard Mega Cap Value ETF

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.