Flagship Wealth Advisors LLC Has $1.15 Million Stake in Vanguard Mega Cap Value ETF $MGV

Flagship Wealth Advisors LLC lowered its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 42.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,897 shares of the company’s stock after selling 5,897 shares during the period. Flagship Wealth Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,145,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Merit Financial Group LLC boosted its stake in shares of Vanguard Mega Cap Value ETF by 51.7% in the fourth quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock valued at $178,111,000 after buying an additional 429,853 shares during the period. Wellington Management Group LLP bought a new position in Vanguard Mega Cap Value ETF during the 3rd quarter worth $46,132,000. Strategic Investment Advisors MI increased its stake in Vanguard Mega Cap Value ETF by 3,318,590.0% during the 4th quarter. Strategic Investment Advisors MI now owns 331,869 shares of the company’s stock worth $46,879,000 after acquiring an additional 331,859 shares during the period. Bank of America Corp DE increased its stake in Vanguard Mega Cap Value ETF by 7.9% during the 2nd quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock worth $575,265,000 after acquiring an additional 319,194 shares during the period. Finally, Assetmark Inc. raised its holdings in Vanguard Mega Cap Value ETF by 2.1% in the 4th quarter. Assetmark Inc. now owns 15,430,686 shares of the company’s stock valued at $2,178,196,000 after acquiring an additional 312,445 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA:MGV opened at $163.20 on Friday. The stock has a fifty day moving average price of $161.82 and a 200-day moving average price of $153.90. The company has a market cap of $13.16 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a fifty-two week low of $128.84 and a fifty-two week high of $166.02.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.