Von Berge Wealth Management Group LLC Has $15.91 Million Stock Position in Vanguard Mega Cap Value ETF $MGV

Von Berge Wealth Management Group LLC grew its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 120,420 shares of the company’s stock after purchasing an additional 3,149 shares during the quarter. Vanguard Mega Cap Value ETF comprises approximately 8.9% of Von Berge Wealth Management Group LLC’s portfolio, making the stock its 3rd biggest holding. Von Berge Wealth Management Group LLC’s holdings in Vanguard Mega Cap Value ETF were worth $15,913,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Assetmark Inc. boosted its position in Vanguard Mega Cap Value ETF by 3.3% during the first quarter. Assetmark Inc. now owns 14,804,596 shares of the company’s stock worth $1,907,424,000 after purchasing an additional 467,392 shares during the period. LPL Financial LLC boosted 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 worth $125,870,000 after purchasing an additional 23,685 shares during the period. HighTower Advisors LLC boosted its position in Vanguard Mega Cap Value ETF by 51.6% during the first 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 boosted its position in Vanguard Mega Cap Value ETF by 10.1% during the first quarter. Royal Bank of Canada now owns 673,415 shares of the company’s stock worth $86,763,000 after purchasing an additional 61,584 shares during the period. Finally, Merit Financial Group LLC boosted its position in Vanguard Mega Cap Value ETF by 8.6% during the second quarter. Merit Financial Group LLC now owns 639,168 shares of the company’s stock worth $83,859,000 after purchasing an additional 50,431 shares during the period.

Vanguard Mega Cap Value ETF Stock Down 1.7%

Shares of NYSEARCA:MGV opened at $135.26 on Friday. The firm has a market capitalization of $10.05 billion, a PE ratio of 18.48 and a beta of 0.86. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $139.07. The company has a 50-day moving average price of $135.17 and a two-hundred day moving average price of $129.87.

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.