Kestra Private Wealth Services LLC Increases Stock Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Kestra Private Wealth Services LLC raised its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,113 shares of the company’s stock after acquiring an additional 312 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,263,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Financial Life Planners bought a new stake in shares of Vanguard Mega Cap Value ETF in the fourth quarter worth about $34,000. CENTRAL TRUST Co purchased a new stake in Vanguard Mega Cap Value ETF in the third quarter worth $40,000. Angeles Wealth Management LLC bought a new position in Vanguard Mega Cap Value ETF in the third quarter worth $46,000. WFA Asset Management Corp lifted its position in Vanguard Mega Cap Value ETF by 93.5% during the third quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock valued at $61,000 after buying an additional 229 shares during the period. Finally, Concourse Financial Group Securities Inc. lifted its position in Vanguard Mega Cap Value ETF by 65.2% during the third quarter. Concourse Financial Group Securities Inc. now owns 570 shares of the company’s stock valued at $73,000 after buying an additional 225 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA:MGV opened at $131.07 on Thursday. The firm’s 50-day moving average price is $128.09 and its 200-day moving average price is $127.53. The company has a market capitalization of $8.12 billion, a PE ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 1-year low of $110.66 and a 1-year high of $133.82.

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.