Moneco Advisors LLC Grows Stake in Vanguard Mega Cap Value ETF $MGV

Moneco Advisors LLC increased its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 56.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,612 shares of the company’s stock after acquiring an additional 4,936 shares during the period. Moneco Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,921,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC grew its position in Vanguard Mega Cap Value ETF by 2,956.1% in the fourth quarter. Ameritas Advisory Services LLC now owns 89,361 shares of the company’s stock worth $12,614,000 after acquiring an additional 86,437 shares in the last quarter. World Investment Advisors grew its position in Vanguard Mega Cap Value ETF by 3.5% in the fourth quarter. World Investment Advisors now owns 7,678 shares of the company’s stock worth $997,000 after acquiring an additional 260 shares in the last quarter. Pure Financial Advisors LLC grew its position in Vanguard Mega Cap Value ETF by 1.3% in the fourth quarter. Pure Financial Advisors LLC now owns 296,940 shares of the company’s stock worth $41,916,000 after acquiring an additional 3,779 shares in the last quarter. NewEdge Wealth LLC purchased a new position in Vanguard Mega Cap Value ETF in the fourth quarter worth about $443,000. Finally, Legacy Wealth Managment LLC ID grew its position in Vanguard Mega Cap Value ETF by 73.7% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 6,605 shares of the company’s stock worth $932,000 after acquiring an additional 2,802 shares in the last quarter.

Vanguard Mega Cap Value ETF Trading Up 0.3%

MGV opened at $155.63 on Friday. The firm has a market cap of $12.11 billion, a P/E ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a 12 month low of $124.25 and a 12 month high of $156.13. The stock has a 50-day moving average of $148.79 and a 200 day moving average of $145.71.

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.