Sax Wealth Advisors LLC Buys New Shares in Vanguard Mega Cap Value ETF $MGV

Sax Wealth Advisors LLC bought a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 16,560 shares of the company’s stock, valued at approximately $2,338,000.

Several other hedge funds have also added to or reduced their stakes in the business. Cornerstone Planning Group LLC purchased a new stake in Vanguard Mega Cap Value ETF during the third quarter valued at about $28,000. Kilter Group LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the second quarter worth about $29,000. Root Financial Partners LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the third quarter worth about $29,000. Dynamic Wealth Strategies LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the 2nd quarter valued at about $30,000. Finally, First Horizon Corp bought a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at about $34,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV stock opened at $146.02 on Thursday. The business has a 50-day moving average of $149.21 and a 200 day moving average of $142.72. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $154.03. The stock has a market capitalization of $11.11 billion, a PE ratio of 18.48 and a beta of 0.80.

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.