Truist Financial Corp Has $2.59 Million Stock Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Truist Financial Corp increased its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 14.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,743 shares of the company’s stock after buying an additional 2,640 shares during the period. Truist Financial Corp’s holdings in Vanguard Mega Cap Value ETF were worth $2,591,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Financial Life Planners bought a new position in Vanguard Mega Cap Value ETF during the 4th quarter worth approximately $34,000. Angeles Wealth Management LLC bought a new position in Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $46,000. Tanglewood Legacy Advisors LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at $54,000. WFA Asset Management Corp increased its stake in shares of Vanguard Mega Cap Value ETF by 93.5% in the 3rd quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock valued at $61,000 after acquiring an additional 229 shares in the last quarter. Finally, Planning Capital Management Corp bought a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at $85,000.

Vanguard Mega Cap Value ETF Stock Up 0.3 %

NYSEARCA:MGV opened at $131.38 on Wednesday. The company has a fifty day moving average of $128.55 and a 200-day moving average of $128.29. The firm has a market capitalization of $8.82 billion, a P/E ratio of 20.60 and a beta of 0.86. Vanguard Mega Cap Value ETF has a twelve month low of $113.36 and a twelve month 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.