Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Purchased by BHK Investment Advisors LLC

BHK Investment Advisors LLC boosted its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 228,276 shares of the company’s stock after purchasing an additional 840 shares during the period. Vanguard Mega Cap Value ETF makes up 10.7% of BHK Investment Advisors LLC’s portfolio, making the stock its 2nd biggest position. BHK Investment Advisors LLC owned 0.37% of Vanguard Mega Cap Value ETF worth $28,514,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MGV. Assetmark Inc. lifted its holdings in 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 during the last quarter. World Investment Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at approximately $59,884,000. Strategic Financial Concepts LLC lifted its stake in Vanguard Mega Cap Value ETF by 12,397.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 243,707 shares of the company’s stock worth $30,441,000 after purchasing an additional 241,757 shares during the last quarter. Brophy Wealth Management LLC bought a new position in Vanguard Mega Cap Value ETF during the third quarter worth $16,744,000. Finally, Marmo Financial Group LLC boosted its holdings in Vanguard Mega Cap Value ETF by 92.5% in the third quarter. Marmo Financial Group LLC now owns 161,053 shares of the company’s stock worth $20,660,000 after purchasing an additional 77,368 shares during the period.

Vanguard Mega Cap Value ETF Stock Up 0.1 %

MGV stock opened at $131.05 on Tuesday. The firm’s 50-day simple moving average is $128.47 and its 200 day simple moving average is $128.21. The stock has a market cap of $8.80 billion, a PE ratio of 20.60 and a beta of 0.86. Vanguard Mega Cap Value ETF has a fifty-two week low of $113.36 and a fifty-two week 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.