Vanguard Mega Cap Value ETF $MGV Shares Acquired by Fingerlakes Wealth Management Inc.

Fingerlakes Wealth Management Inc. raised its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 32.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 40,883 shares of the company’s stock after acquiring an additional 10,016 shares during the quarter. Vanguard Mega Cap Value ETF makes up 4.0% of Fingerlakes Wealth Management Inc.’s investment portfolio, making the stock its 6th biggest holding. Fingerlakes Wealth Management Inc. owned about 0.06% of Vanguard Mega Cap Value ETF worth $5,364,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stratos Wealth Partners LTD. boosted its position in shares of Vanguard Mega Cap Value ETF by 13.1% during the 1st quarter. Stratos Wealth Partners LTD. now owns 4,821 shares of the company’s stock worth $621,000 after acquiring an additional 558 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 1st quarter valued at about $71,000. Wealth Enhancement Advisory Services LLC boosted its position 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 valued at $9,625,000 after purchasing an additional 33,001 shares during the period. Avior Wealth Management LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 8.7% in the 2nd quarter. Avior Wealth Management LLC now owns 135,528 shares of the company’s stock valued at $17,783,000 after purchasing an additional 10,792 shares during the period. Finally, US Bancorp DE boosted its position in shares of Vanguard Mega Cap Value ETF by 0.7% in the 2nd quarter. US Bancorp DE now owns 102,710 shares of the company’s stock valued at $13,488,000 after purchasing an additional 703 shares during the period.

Vanguard Mega Cap Value ETF Stock Up 0.8%

Shares of NYSEARCA MGV opened at $138.51 on Tuesday. The stock has a market cap of $10.29 billion, a PE ratio of 18.48 and a beta of 0.86. Vanguard Mega Cap Value ETF has a 52-week low of $112.25 and a 52-week high of $139.07. The business has a 50-day moving average price of $135.98 and a 200 day moving average price of $130.37.

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.