Fingerlakes Wealth Management Inc. Has $3.52 Million Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Fingerlakes Wealth Management Inc. grew its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,164 shares of the company’s stock after buying an additional 959 shares during the quarter. Vanguard Mega Cap Value ETF makes up about 2.8% of Fingerlakes Wealth Management Inc.’s investment portfolio, making the stock its 9th biggest position. Fingerlakes Wealth Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $3,518,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Private Advisor Group LLC raised its position in Vanguard Mega Cap Value ETF by 5.5% in the 4th quarter. Private Advisor Group LLC now owns 105,522 shares of the company’s stock valued at $13,181,000 after purchasing an additional 5,471 shares during the last quarter. Flagstar Advisors Inc. raised its holdings in shares of Vanguard Mega Cap Value ETF by 7.8% in the fourth quarter. Flagstar Advisors Inc. now owns 9,089 shares of the company’s stock valued at $1,135,000 after buying an additional 661 shares during the last quarter. Atria Wealth Solutions Inc. lifted its position in Vanguard Mega Cap Value ETF by 16.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 119,142 shares of the company’s stock worth $14,882,000 after buying an additional 17,211 shares in the last quarter. D.A. Davidson & CO. grew its holdings in Vanguard Mega Cap Value ETF by 7.1% during the 4th quarter. D.A. Davidson & CO. now owns 106,131 shares of the company’s stock worth $13,257,000 after acquiring an additional 7,069 shares during the last quarter. Finally, Truist Financial Corp grew its holdings in Vanguard Mega Cap Value ETF by 14.6% during the 4th quarter. Truist Financial Corp now owns 20,743 shares of the company’s stock worth $2,591,000 after acquiring an additional 2,640 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Up 0.5 %

Shares of MGV stock opened at $133.01 on Thursday. Vanguard Mega Cap Value ETF has a 1 year low of $112.74 and a 1 year high of $133.82. The firm’s 50 day moving average is $128.21 and its 200-day moving average is $127.85. The firm has a market capitalization of $8.93 billion, a price-to-earnings ratio of 20.60 and a beta of 0.86.

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.