Sigma Planning Corp Makes New Investment in Vanguard Mega Cap Value ETF $MGV

Sigma Planning Corp purchased a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 9,671 shares of the company’s stock, valued at approximately $1,558,000.

A number of other institutional investors also recently modified their holdings of the company. ICONIQ Capital LLC acquired a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter valued at approximately $1,192,000. Baird Financial Group Inc. lifted its stake in Vanguard Mega Cap Value ETF by 1.0% in the 2nd quarter. Baird Financial Group Inc. now owns 387,221 shares of the company’s stock valued at $63,291,000 after acquiring an additional 3,737 shares in the last quarter. Greenleaf Trust bought a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter valued at approximately $307,000. Piedmont Capital Management LLC bought a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter valued at approximately $18,379,000. Finally, Praetorian Wealth Management Inc. boosted its position in Vanguard Mega Cap Value ETF by 2.9% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 379,594 shares of the company’s stock worth $62,045,000 after acquiring an additional 10,854 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.4%

NYSEARCA:MGV opened at $168.56 on Thursday. The company has a market cap of $14.10 billion, a P/E ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a twelve month low of $135.48 and a twelve month high of $169.84. The business has a 50 day moving average price of $165.50 and a two-hundred day moving average price of $157.53.

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.