Financial Life Planners Acquires Shares of 269 Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Financial Life Planners bought a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 269 shares of the company’s stock, valued at approximately $34,000.

Other institutional investors also recently modified their holdings of the company. Assetmark Inc. grew its holdings in Vanguard Mega Cap Value ETF by 4.1% in the third quarter. Assetmark Inc. now owns 13,969,433 shares of the company’s stock worth $1,791,999,000 after purchasing an additional 548,728 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Vanguard Mega Cap Value ETF by 0.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,260,757 shares of the company’s stock worth $161,730,000 after buying an additional 11,338 shares during the last quarter. Black Diamond Financial LLC increased its position in Vanguard Mega Cap Value ETF by 11.9% during the 3rd quarter. Black Diamond Financial LLC now owns 690,138 shares of the company’s stock valued at $88,537,000 after buying an additional 73,246 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in Vanguard Mega Cap Value ETF by 1.6% during the third quarter. Sequoia Financial Advisors LLC now owns 646,158 shares of the company’s stock valued at $82,889,000 after buying an additional 10,362 shares during the last quarter. Finally, Merit Financial Group LLC boosted its holdings in Vanguard Mega Cap Value ETF by 7.8% in the fourth quarter. Merit Financial Group LLC now owns 582,474 shares of the company’s stock worth $72,757,000 after acquiring an additional 42,119 shares in the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.2 %

NYSEARCA MGV opened at $130.49 on Tuesday. The stock’s fifty day moving average price is $128.35 and its 200-day moving average price is $127.08. The stock has a market cap of $8.09 billion, a P/E ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 12 month low of $110.66 and a 12 month high of $133.82.

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.