TCG Advisory Services LLC Purchases Shares of 2,075 Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

TCG Advisory Services LLC purchased a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,075 shares of the company’s stock, valued at approximately $227,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Fund Management LLC increased its stake in Vanguard Mega Cap Value ETF by 19.2% in the 4th quarter. Royal Fund Management LLC now owns 19,443 shares of the company’s stock valued at $2,130,000 after buying an additional 3,138 shares during the period. Merit Financial Group LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 29.7% during the 4th quarter. Merit Financial Group LLC now owns 319,622 shares of the company’s stock valued at $34,957,000 after acquiring an additional 73,223 shares in the last quarter. Bare Financial Services Inc bought a new stake in shares of Vanguard Mega Cap Value ETF during the fourth quarter worth about $51,000. 9258 Wealth Management LLC lifted its holdings in Vanguard Mega Cap Value ETF by 7.0% during the fourth quarter. 9258 Wealth Management LLC now owns 100,770 shares of the company’s stock valued at $11,021,000 after purchasing an additional 6,552 shares during the last quarter. Finally, Aveo Capital Partners LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 7.1% in the 4th quarter. Aveo Capital Partners LLC now owns 7,324 shares of the company’s stock worth $801,000 after purchasing an additional 484 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.5 %

MGV stock traded up $0.55 during trading on Monday, hitting $116.34. The company had a trading volume of 57,672 shares, compared to its average volume of 176,383. The company has a 50 day simple moving average of $116.35 and a 200-day simple moving average of $110.39. The firm has a market capitalization of $7.14 billion, a P/E ratio of 18.51 and a beta of 0.68. Vanguard Mega Cap Value ETF has a 52-week low of $96.77 and a 52-week high of $119.69.

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.