Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Holdings Raised by LPL Financial LLC

LPL Financial LLC raised its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 953,263 shares of the company’s stock after purchasing an additional 54,072 shares during the quarter. LPL Financial LLC owned approximately 1.54% of Vanguard Mega Cap Value ETF worth $119,072,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in MGV. Wealthfront Advisers LLC increased its position in Vanguard Mega Cap Value ETF by 40,868.2% during the fourth quarter. Wealthfront Advisers LLC now owns 27,161,100 shares of the company’s stock worth $3,392,693,000 after buying an additional 27,094,802 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth about $84,153,000. World Investment Advisors LLC acquired a new position in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $59,884,000. Assetmark Inc. raised its stake in shares of Vanguard Mega Cap Value ETF by 2.6% in the 4th quarter. Assetmark Inc. now owns 14,337,204 shares of the company’s stock valued at $1,790,860,000 after acquiring an additional 367,771 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its holdings in Vanguard Mega Cap Value ETF by 12,397.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 243,707 shares of the company’s stock worth $30,441,000 after purchasing an additional 241,757 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 1.0 %

Shares of MGV stock opened at $129.82 on Tuesday. The business’s 50 day moving average is $130.00 and its two-hundred day moving average is $128.87. Vanguard Mega Cap Value ETF has a 12 month low of $113.36 and a 12 month high of $133.82. The company has a market cap of $8.79 billion, a PE ratio of 20.16 and a beta of 0.85.

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.