PNC Financial Services Group Inc. Acquires 11,338 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

PNC Financial Services Group Inc. boosted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,260,757 shares of the company’s stock after buying an additional 11,338 shares during the quarter. PNC Financial Services Group Inc. owned approximately 2.03% of Vanguard Mega Cap Value ETF worth $161,730,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in MGV. Russell Investments Group Ltd. bought a new position in Vanguard Mega Cap Value ETF in the 1st quarter valued at approximately $453,000. CreativeOne Wealth LLC increased its position in Vanguard Mega Cap Value ETF by 12.4% during the 1st quarter. CreativeOne Wealth LLC now owns 3,661 shares of the company’s stock valued at $438,000 after purchasing an additional 403 shares during the period. LRI Investments LLC acquired a new stake in Vanguard Mega Cap Value ETF during the 1st quarter valued at approximately $254,000. Kestra Advisory Services LLC increased its position in Vanguard Mega Cap Value ETF by 4.8% during the 1st quarter. Kestra Advisory Services LLC now owns 293,809 shares of the company’s stock valued at $35,113,000 after purchasing an additional 13,464 shares during the period. Finally, Blue Edge Capital LLC increased its position in Vanguard Mega Cap Value ETF by 1.9% during the 1st quarter. Blue Edge Capital LLC now owns 98,198 shares of the company’s stock valued at $11,736,000 after purchasing an additional 1,871 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA:MGV opened at $129.51 on Wednesday. The company has a market capitalization of $8.03 billion, a PE ratio of 18.88 and a beta of 0.66. The company has a 50 day simple moving average of $128.59 and a two-hundred day simple moving average of $123.50. Vanguard Mega Cap Value ETF has a fifty-two week low of $103.28 and a fifty-two week high of $132.39.

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.