Arkadios Wealth Advisors Grows Stake in Vanguard Mega Cap Value ETF $MGV

Arkadios Wealth Advisors grew its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 321.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,535 shares of the company’s stock after acquiring an additional 20,238 shares during the period. Arkadios Wealth Advisors’ holdings in Vanguard Mega Cap Value ETF were worth $3,846,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Tucker Asset Management LLC purchased a new position in Vanguard Mega Cap Value ETF in the fourth quarter valued at approximately $26,000. Ascentis Independent Advisors purchased a new stake in Vanguard Mega Cap Value ETF in the first quarter worth $26,000. Bay Harbor Wealth Management LLC purchased a new stake in Vanguard Mega Cap Value ETF in the fourth quarter worth $33,000. Key Financial Inc raised its stake in shares of Vanguard Mega Cap Value ETF by 511.1% in the fourth quarter. Key Financial Inc now owns 275 shares of the company’s stock valued at $39,000 after buying an additional 230 shares during the period. Finally, Financial Life Planners bought a new stake in shares of Vanguard Mega Cap Value ETF in the first quarter valued at $40,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $163.20 on Friday. Vanguard Mega Cap Value ETF has a one year low of $128.84 and a one year high of $166.02. The business’s fifty day moving average price is $161.82 and its 200-day moving average price is $153.90. The stock has a market capitalization of $13.16 billion, a PE ratio of 18.48 and a beta of 0.72.

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.