PNC Financial Services Group Inc. Boosts Stock Position in Vanguard Mega Cap Value ETF $MGV

PNC Financial Services Group Inc. raised its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,223,662 shares of the company’s stock after acquiring an additional 3,314 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $172,732,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Valmark Advisers Inc. boosted its stake in shares of Vanguard Mega Cap Value ETF by 2.9% during the fourth quarter. Valmark Advisers Inc. now owns 2,447 shares of the company’s stock valued at $345,000 after purchasing an additional 69 shares during the period. CVA Family Office LLC increased its stake in Vanguard Mega Cap Value ETF by 0.3% in the 4th quarter. CVA Family Office LLC now owns 28,166 shares of the company’s stock worth $3,976,000 after buying an additional 74 shares during the period. Cvfg LLC lifted its holdings in Vanguard Mega Cap Value ETF by 3.5% during the 3rd quarter. Cvfg LLC now owns 2,220 shares of the company’s stock valued at $306,000 after buying an additional 75 shares in the last quarter. Wealthcare Capital Partners LLC lifted its holdings in Vanguard Mega Cap Value ETF by 0.4% during the 4th quarter. Wealthcare Capital Partners LLC now owns 17,683 shares of the company’s stock valued at $2,496,000 after buying an additional 76 shares in the last quarter. Finally, Encompass Wealth Advisors LLC boosted its position in Vanguard Mega Cap Value ETF by 0.3% in the 4th quarter. Encompass Wealth Advisors LLC now owns 29,028 shares of the company’s stock valued at $4,098,000 after buying an additional 80 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV stock opened at $155.32 on Thursday. The company has a market capitalization of $12.09 billion, a P/E ratio of 18.48 and a beta of 0.73. The company’s 50-day simple moving average is $149.21 and its two-hundred day simple moving average is $146.17. Vanguard Mega Cap Value ETF has a one year low of $124.25 and a one year high of $156.13.

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