Geneos Wealth Management Inc. Has $1.14 Million Stock Position in Vanguard Mega Cap Value ETF $MGV

Geneos Wealth Management Inc. raised its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 467.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,075 shares of the company’s stock after purchasing an additional 6,651 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $1,140,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. WPG Advisers LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 10.5% in the fourth quarter. WPG Advisers LLC now owns 29,639 shares of the company’s stock worth $4,184,000 after purchasing an additional 2,828 shares during the last quarter. OLD National Bancorp IN raised its stake in shares of Vanguard Mega Cap Value ETF by 1.6% in the fourth quarter. OLD National Bancorp IN now owns 6,786 shares of the company’s stock worth $958,000 after purchasing an additional 105 shares during the last quarter. O ROURKE & COMPANY Inc raised its stake in shares of Vanguard Mega Cap Value ETF by 1.4% in the fourth quarter. O ROURKE & COMPANY Inc now owns 6,296 shares of the company’s stock worth $889,000 after purchasing an additional 88 shares during the last quarter. M&T Bank Corp raised its stake in shares of Vanguard Mega Cap Value ETF by 17.4% in the fourth quarter. M&T Bank Corp now owns 9,224 shares of the company’s stock worth $1,302,000 after purchasing an additional 1,369 shares during the last quarter. Finally, Richards Merrill & Peterson Inc. purchased a new stake in shares of Vanguard Mega Cap Value ETF in the fourth quarter worth approximately $53,000.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV opened at $150.08 on Monday. The stock has a 50 day moving average of $148.65 and a 200 day moving average of $144.41. The company has a market capitalization of $11.68 billion, a price-to-earnings ratio of 18.48 and a beta of 0.75. Vanguard Mega Cap Value ETF has a 12 month low of $121.29 and a 12 month high of $154.03.

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.