Vanguard Mega Cap Value ETF $MGV is Praetorian Wealth Management Inc.’s 2nd Largest Position

Praetorian Wealth Management Inc. grew its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 336,216 shares of the company’s stock after buying an additional 19,781 shares during the quarter. Vanguard Mega Cap Value ETF accounts for approximately 9.5% of Praetorian Wealth Management Inc.’s holdings, making the stock its 2nd largest position. Praetorian Wealth Management Inc. owned approximately 0.45% of Vanguard Mega Cap Value ETF worth $46,311,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Assetmark Inc. increased its position in Vanguard Mega Cap Value ETF by 2.6% during the second quarter. Assetmark Inc. now owns 15,182,180 shares of the company’s stock valued at $1,991,902,000 after acquiring an additional 377,584 shares during the last quarter. Bank of America Corp DE increased its position in shares of Vanguard Mega Cap Value ETF by 7.9% during the 2nd quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock valued at $575,265,000 after purchasing an additional 319,194 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Vanguard Mega Cap Value ETF by 2.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,743,113 shares of the company’s stock worth $228,634,000 after purchasing an additional 42,570 shares during the period. Osaic Holdings Inc. lifted its stake in shares of Vanguard Mega Cap Value ETF by 557.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,099,774 shares of the company’s stock worth $142,255,000 after purchasing an additional 932,588 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of Vanguard Mega Cap Value ETF by 29.3% in the second quarter. Raymond James Financial Inc. now owns 855,215 shares of the company’s stock worth $112,204,000 after buying an additional 193,776 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Up 0.1%

Shares of NYSEARCA MGV opened at $141.66 on Wednesday. Vanguard Mega Cap Value ETF has a 12-month low of $112.25 and a 12-month high of $143.07. The firm has a market capitalization of $10.53 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80. The firm has a 50 day moving average of $139.04 and a 200 day moving average of $135.40.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.