6,185 Shares in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Purchased by Synergy Investment Management LLC

Synergy Investment Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,185 shares of the company’s stock, valued at approximately $773,000.

Other institutional investors also recently added to or reduced their stakes in the company. Continuum Advisory LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 3.8% during the third quarter. Continuum Advisory LLC now owns 3,448 shares of the company’s stock worth $449,000 after purchasing an additional 125 shares during the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of Vanguard Mega Cap Value ETF by 6.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,082 shares of the company’s stock valued at $260,000 after buying an additional 132 shares during the last quarter. IFP Advisors Inc lifted its position in Vanguard Mega Cap Value ETF by 2.5% during the 4th quarter. IFP Advisors Inc now owns 5,594 shares of the company’s stock worth $699,000 after buying an additional 139 shares in the last quarter. Richardson Financial Services Inc. grew its holdings in Vanguard Mega Cap Value ETF by 5.5% during the 4th quarter. Richardson Financial Services Inc. now owns 3,133 shares of the company’s stock worth $390,000 after acquiring an additional 164 shares during the last quarter. Finally, WFA Asset Management Corp increased its position in Vanguard Mega Cap Value ETF by 93.5% in the 3rd quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock valued at $61,000 after acquiring an additional 229 shares in the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.8 %

Shares of MGV stock opened at $131.45 on Tuesday. Vanguard Mega Cap Value ETF has a 1 year low of $113.36 and a 1 year high of $133.82. The firm’s 50 day moving average is $129.07 and its 200-day moving average is $128.56. The firm has a market capitalization of $8.82 billion, a price-to-earnings ratio of 20.60 and a beta of 0.86.

Vanguard Mega Cap Value ETF 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.