Principle Wealth Partners LLC Grows Stock Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Principle Wealth Partners LLC raised its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 17.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,692 shares of the company’s stock after buying an additional 5,382 shares during the period. Principle Wealth Partners LLC’s holdings in Vanguard Mega Cap Value ETF were worth $4,458,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Financial Life Planners acquired a new stake in Vanguard Mega Cap Value ETF in the fourth quarter valued at $34,000. CENTRAL TRUST Co bought a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter worth about $40,000. Angeles Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at about $46,000. WFA Asset Management Corp lifted its position in shares of Vanguard Mega Cap Value ETF by 93.5% during the third quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock worth $61,000 after purchasing an additional 229 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. grew its stake in Vanguard Mega Cap Value ETF by 65.2% in the third quarter. Concourse Financial Group Securities Inc. now owns 570 shares of the company’s stock worth $73,000 after purchasing an additional 225 shares in the last quarter.

Vanguard Mega Cap Value ETF Trading Up 0.4 %

MGV stock opened at $131.05 on Tuesday. The stock’s 50 day simple moving average is $128.13 and its 200 day simple moving average is $127.40. Vanguard Mega Cap Value ETF has a 12-month low of $110.66 and a 12-month high of $133.82. The firm has a market cap of $8.12 billion, a P/E ratio of 18.88 and a beta of 0.66.

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.