WealthShield Partners LLC Purchases 1,085 Shares of Vanguard Mega Cap Value ETF $MGV

WealthShield Partners LLC lifted its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 69,930 shares of the company’s stock after acquiring an additional 1,085 shares during the period. Vanguard Mega Cap Value ETF comprises about 1.1% of WealthShield Partners LLC’s investment portfolio, making the stock its 20th biggest holding. WealthShield Partners LLC’s holdings in Vanguard Mega Cap Value ETF were worth $9,175,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. boosted its stake in Vanguard Mega Cap Value ETF by 2.6% during the 2nd quarter. Assetmark Inc. now owns 15,182,180 shares of the company’s stock valued at $1,991,902,000 after purchasing an additional 377,584 shares during the last quarter. LPL Financial LLC lifted its position in Vanguard Mega Cap Value ETF by 2.5% during the first quarter. LPL Financial LLC now owns 976,948 shares of the company’s stock valued at $125,870,000 after purchasing an additional 23,685 shares during the period. HighTower Advisors LLC grew its position in Vanguard Mega Cap Value ETF by 51.6% in the 1st quarter. HighTower Advisors LLC now owns 712,570 shares of the company’s stock worth $91,807,000 after purchasing an additional 242,459 shares during the period. Royal Bank of Canada raised its stake in Vanguard Mega Cap Value ETF by 10.1% during the 1st quarter. Royal Bank of Canada now owns 673,415 shares of the company’s stock valued at $86,763,000 after buying an additional 61,584 shares during the last quarter. Finally, Merit Financial Group LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 8.6% in the second quarter. Merit Financial Group LLC now owns 639,168 shares of the company’s stock worth $83,859,000 after acquiring an additional 50,431 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV opened at $138.48 on Friday. Vanguard Mega Cap Value ETF has a 52-week low of $112.25 and a 52-week high of $140.38. The stock has a market capitalization of $10.29 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80. The stock’s 50-day simple moving average is $137.50 and its two-hundred day simple moving average is $132.66.

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.