MONECO Advisors LLC Purchases New Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

MONECO Advisors LLC acquired a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 21,341 shares of the company’s stock, valued at approximately $2,334,000.

Several other hedge funds and other institutional investors also recently modified their holdings of MGV. Choreo LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $1,791,000. Mather Group LLC. acquired a new position in Vanguard Mega Cap Value ETF in the fourth quarter worth $202,000. Principle Wealth Partners LLC increased its stake in Vanguard Mega Cap Value ETF by 6.8% during the fourth quarter. Principle Wealth Partners LLC now owns 29,430 shares of the company’s stock valued at $3,219,000 after purchasing an additional 1,885 shares during the last quarter. Valmark Advisers Inc. bought a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter worth about $267,000. Finally, RWA Wealth Partners LLC acquired a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at about $282,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV traded down $1.45 during trading on Tuesday, reaching $115.09. 256,277 shares of the company’s stock traded hands, compared to its average volume of 178,326. The company has a 50 day moving average of $116.25 and a 200-day moving average of $110.01. Vanguard Mega Cap Value ETF has a 12 month low of $96.77 and a 12 month high of $119.69. The stock has a market capitalization of $7.06 billion, a P/E ratio of 18.51 and a beta of 0.68.

Vanguard Mega Cap Value ETF Company 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.