RWA Wealth Partners LLC Grows Stock Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

RWA Wealth Partners LLC lifted its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 22.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,699 shares of the company’s stock after buying an additional 1,622 shares during the period. RWA Wealth Partners LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,087,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Allianz SE acquired a new position in shares of Vanguard Mega Cap Value ETF during the fourth quarter worth $38,000. OneAscent Wealth Management LLC grew its stake in Vanguard Mega Cap Value ETF by 52.5% during the 4th quarter. OneAscent Wealth Management LLC now owns 10,829 shares of the company’s stock worth $1,353,000 after buying an additional 3,727 shares during the last quarter. Horizon Investment Services LLC increased its position in Vanguard Mega Cap Value ETF by 1.1% during the 4th quarter. Horizon Investment Services LLC now owns 17,006 shares of the company’s stock valued at $2,124,000 after buying an additional 192 shares in the last quarter. Blair William & Co. IL increased its holdings in shares of Vanguard Mega Cap Value ETF by 17.8% during the fourth quarter. Blair William & Co. IL now owns 18,886 shares of the company’s stock valued at $2,359,000 after acquiring an additional 2,848 shares in the last quarter. Finally, BCO Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the fourth quarter worth $519,000.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV stock opened at $128.84 on Tuesday. The stock’s 50-day simple moving average is $130.12 and its 200-day simple moving average is $129.01. The firm has a market capitalization of $8.88 billion, a PE ratio of 20.13 and a beta of 0.85. Vanguard Mega Cap Value ETF has a fifty-two week low of $113.36 and a fifty-two week high of $133.82.

Vanguard Mega Cap Value ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.6838 per share. The ex-dividend date of this dividend was Thursday, March 27th.

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.