PNC Financial Services Group Inc. Raises Stock Position in Vanguard Mega Cap Value ETF $MGV

PNC Financial Services Group Inc. raised its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,223,662 shares of the company’s stock after acquiring an additional 3,314 shares during the quarter. PNC Financial Services Group Inc. owned approximately 1.61% of Vanguard Mega Cap Value ETF worth $172,732,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in MGV. VSM Wealth Advisory LLC boosted its stake in Vanguard Mega Cap Value ETF by 32.5% in the 4th quarter. VSM Wealth Advisory LLC now owns 11,783 shares of the company’s stock worth $1,663,000 after purchasing an additional 2,887 shares during the period. Entrust Financial LLC purchased a new position in Vanguard Mega Cap Value ETF during the fourth quarter valued at $454,000. Tucker Asset Management LLC purchased a new stake in Vanguard Mega Cap Value ETF in the 4th quarter worth $26,000. Passumpsic Savings Bank purchased a new stake in Vanguard Mega Cap Value ETF in the 4th quarter worth $1,840,000. Finally, Western Wealth Management LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 28.6% during the 4th quarter. Western Wealth Management LLC now owns 5,688 shares of the company’s stock valued at $803,000 after purchasing an additional 1,265 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.5%

Shares of Vanguard Mega Cap Value ETF stock opened at $155.32 on Thursday. Vanguard Mega Cap Value ETF has a twelve month low of $124.25 and a twelve month high of $156.13. The business has a 50-day moving average price of $149.21 and a 200-day moving average price of $146.17. The firm has a market cap of $12.09 billion, a price-to-earnings ratio of 18.48 and a beta of 0.73.

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.