PFG Private Wealth Management LLC Has $5.74 Million Holdings in Vanguard Mega Cap Value ETF $MGV

PFG Private Wealth Management LLC raised its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,725 shares of the company’s stock after acquiring an additional 732 shares during the period. Vanguard Mega Cap Value ETF comprises 3.0% of PFG Private Wealth Management LLC’s holdings, making the stock its 13th biggest holding. PFG Private Wealth Management LLC owned approximately 0.06% of Vanguard Mega Cap Value ETF worth $5,737,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Capstone Wealth Management Group LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 1st quarter valued at approximately $2,480,000. Apollon Wealth Management LLC boosted its position in Vanguard Mega Cap Value ETF by 18.4% in the first quarter. Apollon Wealth Management LLC now owns 1,997 shares of the company’s stock valued at $257,000 after buying an additional 311 shares in the last quarter. Csenge Advisory Group grew its stake in shares of Vanguard Mega Cap Value ETF by 10.0% during the first quarter. Csenge Advisory Group now owns 6,336 shares of the company’s stock worth $763,000 after buying an additional 577 shares during the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 3.5% during the first quarter. Kestra Private Wealth Services LLC now owns 10,465 shares of the company’s stock worth $1,348,000 after buying an additional 352 shares in the last quarter. Finally, OneAscent Wealth Management LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 29.9% during the first quarter. OneAscent Wealth Management LLC now owns 14,065 shares of the company’s stock worth $1,812,000 after buying an additional 3,236 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Down 1.0%

NYSEARCA MGV opened at $137.15 on Tuesday. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $140.38. The company has a market cap of $10.19 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80. The business’s fifty day moving average is $137.56 and its 200 day moving average is $132.88.

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.