49,819 Shares in Vanguard Mega Cap Value ETF $MGV Acquired by PFG Private Wealth Management LLC

PFG Private Wealth Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 49,819 shares of the company’s stock, valued at approximately $7,032,000. Vanguard Mega Cap Value ETF accounts for 3.1% of PFG Private Wealth Management LLC’s investment portfolio, making the stock its 13th biggest position. PFG Private Wealth Management LLC owned about 0.07% of Vanguard Mega Cap Value ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of MGV. Bank of America Corp DE lifted its holdings in shares of Vanguard Mega Cap Value ETF by 7.9% in the 2nd quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock worth $575,265,000 after buying an additional 319,194 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Vanguard Mega Cap Value ETF by 17.2% during the third quarter. Ameriprise Financial Inc. now owns 2,042,106 shares of the company’s stock valued at $281,261,000 after buying an additional 298,993 shares during the period. UBS Group AG raised its holdings in shares of Vanguard Mega Cap Value ETF by 3.8% in the third quarter. UBS Group AG now owns 1,753,992 shares of the company’s stock valued at $241,595,000 after acquiring an additional 63,931 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Vanguard Mega Cap Value ETF by 557.8% in the second quarter. Osaic Holdings Inc. now owns 1,099,774 shares of the company’s stock valued at $142,255,000 after acquiring an additional 932,588 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in 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 acquiring an additional 193,776 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of Vanguard Mega Cap Value ETF stock opened at $144.95 on Wednesday. Vanguard Mega Cap Value ETF has a 1 year low of $112.25 and a 1 year high of $154.03. The firm’s 50-day moving average is $149.00 and its two-hundred day moving average is $143.00. The stock has a market cap of $11.03 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80.

About Vanguard Mega Cap Value ETF

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.