Vanguard Mega Cap Value ETF $MGV Shares Bought by Royal Fund Management LLC

Royal Fund Management LLC increased its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 40.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,784 shares of the company’s stock after acquiring an additional 8,871 shares during the quarter. Royal Fund Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $4,350,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of MGV. Focus Partners Wealth boosted its position in shares of Vanguard Mega Cap Value ETF by 18.2% in the 1st quarter. Focus Partners Wealth now owns 10,769 shares of the company’s stock valued at $1,387,000 after purchasing an additional 1,662 shares during the period. Russell Investments Group Ltd. raised its holdings in Vanguard Mega Cap Value ETF by 5.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,063 shares of the company’s stock worth $533,000 after buying an additional 192 shares during the period. Level Four Advisory Services LLC lifted its stake in Vanguard Mega Cap Value ETF by 10.8% during the second quarter. Level Four Advisory Services LLC now owns 9,157 shares of the company’s stock valued at $1,201,000 after buying an additional 895 shares in the last quarter. Lido Advisors LLC lifted its stake in Vanguard Mega Cap Value ETF by 123.3% during the second quarter. Lido Advisors LLC now owns 30,217 shares of the company’s stock valued at $3,966,000 after buying an additional 16,683 shares in the last quarter. Finally, Beacon Pointe Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 0.3% in the second quarter. Beacon Pointe Advisors LLC now owns 203,743 shares of the company’s stock worth $26,731,000 after buying an additional 595 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Vanguard Mega Cap Value ETF stock opened at $142.63 on Tuesday. The firm’s 50 day simple moving average is $149.00 and its 200-day simple moving average is $142.94. The company has a market cap of $10.85 billion, a P/E ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a fifty-two week low of $112.25 and a fifty-two week high of $154.03.

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.