Fingerlakes Wealth Management Inc. Has $3.98 Million Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Fingerlakes Wealth Management Inc. grew its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 9.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,867 shares of the company’s stock after acquiring an additional 2,703 shares during the period. Vanguard Mega Cap Value ETF accounts for 3.4% of Fingerlakes Wealth Management Inc.’s portfolio, making the stock its 8th largest holding. Fingerlakes Wealth Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $3,977,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. North Capital Inc. acquired a new position in Vanguard Mega Cap Value ETF during the 1st quarter worth about $27,000. Ameriflex Group Inc. acquired a new position in shares of Vanguard Mega Cap Value ETF during the fourth quarter worth approximately $29,000. Allianz SE bought a new stake in shares of Vanguard Mega Cap Value ETF during the fourth quarter valued at approximately $38,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the first quarter valued at approximately $38,000. Finally, Coppell Advisory Solutions LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 316.5% in the fourth quarter. Coppell Advisory Solutions LLC now owns 329 shares of the company’s stock valued at $41,000 after purchasing an additional 250 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.5%

Vanguard Mega Cap Value ETF stock opened at $132.89 on Friday. Vanguard Mega Cap Value ETF has a 12-month low of $112.25 and a 12-month high of $133.82. The stock has a market cap of $9.65 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80. The business’s 50-day simple moving average is $128.29 and its 200 day simple moving average is $127.39.

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.