Orion Porfolio Solutions LLC Raises Stock Position in Vanguard Mega Cap Value ETF $MGV

Orion Porfolio Solutions LLC lifted its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 64.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,250 shares of the company’s stock after acquiring an additional 6,352 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,132,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of MGV. Proathlete Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF in the 2nd quarter valued at approximately $25,000. NorthRock Partners LLC grew its holdings in Vanguard Mega Cap Value ETF by 100.0% in the second quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock valued at $25,000 after purchasing an additional 94 shares during the last quarter. Kilter Group LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the second quarter valued at $29,000. Dynamic Wealth Strategies LLC acquired a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth $30,000. Finally, WFA Asset Management Corp purchased a new stake in shares of Vanguard Mega Cap Value ETF in the 2nd quarter worth about $32,000.

Vanguard Mega Cap Value ETF Trading Up 0.2%

Shares of NYSEARCA MGV opened at $141.27 on Friday. The company’s 50-day moving average price is $138.85 and its 200 day moving average price is $135.10. Vanguard Mega Cap Value ETF has a 52 week low of $112.25 and a 52 week high of $143.07. The stock has a market cap of $10.50 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80.

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