FSC Wealth Advisors LLC Has $6.71 Million Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

FSC Wealth Advisors LLC grew its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 19.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 53,704 shares of the company’s stock after purchasing an additional 8,670 shares during the quarter. Vanguard Mega Cap Value ETF accounts for 4.3% of FSC Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest position. FSC Wealth Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $6,708,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in MGV. Assetmark Inc. raised its position in shares of Vanguard Mega Cap Value ETF by 4.1% during the 3rd quarter. Assetmark Inc. now owns 13,969,433 shares of the company’s stock worth $1,791,999,000 after buying an additional 548,728 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Vanguard Mega Cap Value ETF by 0.9% in the third quarter. PNC Financial Services Group Inc. now owns 1,260,757 shares of the company’s stock worth $161,730,000 after acquiring an additional 11,338 shares in the last quarter. Black Diamond Financial LLC grew its stake in shares of Vanguard Mega Cap Value ETF by 11.9% in the 3rd quarter. Black Diamond Financial LLC now owns 690,138 shares of the company’s stock worth $88,537,000 after purchasing an additional 73,246 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Vanguard Mega Cap Value ETF by 1.6% during the third quarter. Sequoia Financial Advisors LLC now owns 646,158 shares of the company’s stock worth $82,889,000 after buying an additional 10,362 shares in the last quarter. Finally, Merit Financial Group LLC grew its position in Vanguard Mega Cap Value ETF by 7.8% in the fourth quarter. Merit Financial Group LLC now owns 582,474 shares of the company’s stock worth $72,757,000 after buying an additional 42,119 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV opened at $131.36 on Tuesday. The company has a market capitalization of $8.14 billion, a PE ratio of 18.88 and a beta of 0.66. The stock has a fifty day moving average of $128.33 and a 200-day moving average of $126.77. Vanguard Mega Cap Value ETF has a one year low of $110.66 and a one year high of $133.82.

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.