Petredis Investment Advisors LLC Has $53.26 Million Stock Position in Vanguard Mega Cap Value ETF $MGV

Petredis Investment Advisors LLC boosted its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 367,428 shares of the company’s stock after buying an additional 3,754 shares during the quarter. Vanguard Mega Cap Value ETF makes up about 4.4% of Petredis Investment Advisors LLC’s investment portfolio, making the stock its 5th largest position. Petredis Investment Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $53,259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. Focus Partners Wealth lifted its holdings in shares of Vanguard Mega Cap Value ETF by 18.2% during the first quarter. Focus Partners Wealth now owns 10,769 shares of the company’s stock valued at $1,387,000 after acquiring an additional 1,662 shares during the period. Russell Investments Group Ltd. increased its position in shares of Vanguard Mega Cap Value ETF by 5.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,063 shares of the company’s stock worth $533,000 after purchasing an additional 192 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Vanguard Mega Cap Value ETF by 4.9% during the 2nd quarter. NewEdge Advisors LLC now owns 12,167 shares of the company’s stock worth $1,596,000 after purchasing an additional 570 shares in the last quarter. HUB Investment Partners LLC lifted its holdings in Vanguard Mega Cap Value ETF by 7.9% during the 2nd quarter. HUB Investment Partners LLC now owns 2,906 shares of the company’s stock valued at $381,000 after purchasing an additional 214 shares during the last quarter. Finally, Diversify Advisory Services LLC lifted its holdings in Vanguard Mega Cap Value ETF by 13.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 15,656 shares of the company’s stock valued at $2,073,000 after purchasing an additional 1,880 shares during the last quarter.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA:MGV opened at $162.27 on Monday. The firm has a market cap of $12.63 billion, a PE ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a 12 month low of $127.95 and a 12 month high of $164.40. The company’s 50-day moving average price is $155.14 and its two-hundred day moving average price is $149.47.

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.