Strategic Investment Solutions Inc. IL Boosts Stake in Vanguard Mega Cap Value ETF $MGV

Strategic Investment Solutions Inc. IL increased its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2,095.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,720 shares of the company’s stock after buying an additional 4,505 shares during the period. Strategic Investment Solutions Inc. IL’s holdings in Vanguard Mega Cap Value ETF were worth $619,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Stratos Wealth Partners LTD. lifted its stake in shares of Vanguard Mega Cap Value ETF by 13.1% in the 1st quarter. Stratos Wealth Partners LTD. now owns 4,821 shares of the company’s stock valued at $621,000 after purchasing an additional 558 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the 1st quarter worth approximately $71,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 79.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 74,702 shares of the company’s stock worth $9,625,000 after purchasing an additional 33,001 shares during the period. Silver Oak Securities Incorporated boosted its stake in Vanguard Mega Cap Value ETF by 3.7% during the first quarter. Silver Oak Securities Incorporated now owns 2,826 shares of the company’s stock worth $360,000 after buying an additional 101 shares during the period. Finally, Welch Group LLC purchased a new position in Vanguard Mega Cap Value ETF during the first quarter worth $359,000.

Vanguard Mega Cap Value ETF Trading Down 0.4%

Shares of MGV opened at $136.98 on Friday. The company’s fifty day simple moving average is $133.94 and its 200-day simple moving average is $129.15. The company has a market cap of $9.92 billion, a P/E ratio of 18.48 and a beta of 0.86. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $138.51.

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.