Milestone Asset Management Group LLC Increases Position in Vanguard Mega Cap Value ETF $MGV

Milestone Asset Management Group LLC raised its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 4.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,869 shares of the company’s stock after purchasing an additional 982 shares during the quarter. Vanguard Mega Cap Value ETF accounts for approximately 2.3% of Milestone Asset Management Group LLC’s portfolio, making the stock its 14th largest position. Milestone Asset Management Group LLC’s holdings in Vanguard Mega Cap Value ETF were worth $3,132,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Proathlete Wealth Management LLC purchased a new stake in Vanguard Mega Cap Value ETF in the second quarter valued at approximately $25,000. NorthRock Partners LLC raised its position in Vanguard Mega Cap Value ETF by 100.0% in the second quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 94 shares during the period. North Capital Inc. purchased a new stake in Vanguard Mega Cap Value ETF in the first quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL purchased a new stake in Vanguard Mega Cap Value ETF in the first quarter valued at approximately $28,000. Finally, WFA Asset Management Corp purchased a new stake in Vanguard Mega Cap Value ETF in the second quarter valued at approximately $32,000.

Vanguard Mega Cap Value ETF Stock Down 0.6%

Shares of NYSEARCA MGV opened at $138.82 on Wednesday. Vanguard Mega Cap Value ETF has a 52-week low of $112.25 and a 52-week high of $139.65. The business’s 50 day moving average is $136.67 and its two-hundred day moving average is $131.22. The firm has a market cap of $10.32 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80.

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.