Stratos Wealth Partners LTD. Raises Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Stratos Wealth Partners LTD. grew its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 28.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 4,263 shares of the company’s stock after buying an additional 948 shares during the period. Stratos Wealth Partners LTD.’s holdings in Vanguard Mega Cap Value ETF were worth $533,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in MGV. Assetmark Inc. increased its stake in shares of Vanguard Mega Cap Value ETF by 4.1% during the third quarter. Assetmark Inc. now owns 13,969,433 shares of the company’s stock worth $1,791,999,000 after acquiring an additional 548,728 shares during the period. World Investment Advisors LLC purchased a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter valued at approximately $59,884,000. Brophy Wealth Management LLC acquired a new position in Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $16,744,000. MFA Wealth Advisors LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $13,336,000. Finally, Marmo Financial Group LLC lifted its holdings in shares of Vanguard Mega Cap Value ETF by 92.5% in the 3rd quarter. Marmo Financial Group LLC now owns 161,053 shares of the company’s stock valued at $20,660,000 after buying an additional 77,368 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV stock opened at $131.69 on Wednesday. The stock has a fifty day moving average price of $128.10 and a 200 day moving average price of $127.47. The stock has a market cap of $8.16 billion, a PE ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 1 year low of $110.66 and a 1 year high of $133.82.

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.