Optivise Advisory Services LLC Grows Stock Position in Vanguard Mega Cap Value ETF $MGV

Optivise Advisory Services LLC raised its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 13.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,698 shares of the company’s stock after purchasing an additional 447 shares during the quarter. Optivise Advisory Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $485,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its holdings in Vanguard Mega Cap Value ETF by 3.9% in the 2nd quarter. Bank of Montreal Can now owns 8,236 shares of the company’s stock valued at $1,081,000 after buying an additional 311 shares during the period. AlphaStar Capital Management LLC purchased a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter valued at about $1,361,000. Atria Investments Inc raised its holdings in Vanguard Mega Cap Value ETF by 18.5% in the 2nd quarter. Atria Investments Inc now owns 40,621 shares of the company’s stock valued at $5,330,000 after buying an additional 6,338 shares during the period. Assetmark Inc. raised its holdings in Vanguard Mega Cap Value ETF by 2.6% in the 2nd quarter. Assetmark Inc. now owns 15,182,180 shares of the company’s stock valued at $1,991,902,000 after buying an additional 377,584 shares during the period. Finally, WNY Asset Management LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 1.5% in the 2nd quarter. WNY Asset Management LLC now owns 48,616 shares of the company’s stock valued at $6,378,000 after acquiring an additional 704 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

Vanguard Mega Cap Value ETF stock opened at $136.64 on Tuesday. The company’s 50 day simple moving average is $136.91 and its 200-day simple moving average is $131.75. The company has a market capitalization of $10.16 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a 1 year low of $112.25 and a 1 year high of $139.65.

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.