Larson Financial Group LLC Purchases Shares of 4,275 Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Larson Financial Group LLC purchased a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 4,275 shares of the company’s stock, valued at approximately $551,000.

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

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $131.94 on Friday. The stock’s fifty day moving average is $129.01 and its two-hundred day moving average is $127.58. Vanguard Mega Cap Value ETF has a 1 year low of $112.25 and a 1 year high of $133.82. The stock has a market capitalization of $9.59 billion, a price-to-earnings ratio of 18.48 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.