Allworth Financial LP Purchases 444 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Allworth Financial LP raised its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,488 shares of the company’s stock after purchasing an additional 444 shares during the period. Allworth Financial LP’s holdings in Vanguard Mega Cap Value ETF were worth $2,399,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brookstone Capital Management lifted its holdings in Vanguard Mega Cap Value ETF by 10.9% during the 4th quarter. Brookstone Capital Management now owns 3,971 shares of the company’s stock worth $496,000 after purchasing an additional 389 shares in the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of Vanguard Mega Cap Value ETF by 28.6% in the fourth quarter. Stratos Wealth Partners LTD. now owns 4,263 shares of the company’s stock worth $533,000 after buying an additional 948 shares in the last quarter. Park Avenue Securities LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 13.0% in the fourth quarter. Park Avenue Securities LLC now owns 2,056 shares of the company’s stock valued at $257,000 after acquiring an additional 236 shares during the period. Apollon Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF during the fourth quarter valued at approximately $211,000. Finally, FMR LLC increased its holdings in Vanguard Mega Cap Value ETF by 13.1% during the 3rd quarter. FMR LLC now owns 17,709 shares of the company’s stock worth $2,272,000 after acquiring an additional 2,052 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA MGV opened at $132.34 on Wednesday. The company’s 50 day simple moving average is $128.15 and its two-hundred day simple moving average is $127.76. Vanguard Mega Cap Value ETF has a 1 year low of $112.74 and a 1 year high of $133.82. The stock has a market capitalization of $8.20 billion, a PE ratio of 18.88 and a beta of 0.66.

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.