Kestra Advisory Services LLC Increases Position in Vanguard Mega Cap Value ETF $MGV

Kestra Advisory Services LLC grew its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 9.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 374,801 shares of the company’s stock after purchasing an additional 32,976 shares during the quarter. Kestra Advisory Services LLC owned about 0.48% of Vanguard Mega Cap Value ETF worth $54,327,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Focus Partners Wealth lifted its position in Vanguard Mega Cap Value ETF by 18.2% during the first quarter. Focus Partners Wealth now owns 10,769 shares of the company’s stock worth $1,387,000 after buying an additional 1,662 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in Vanguard Mega Cap Value ETF by 5.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,063 shares of the company’s stock valued at $533,000 after buying an additional 192 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 4.9% in the 2nd quarter. NewEdge Advisors LLC now owns 12,167 shares of the company’s stock worth $1,596,000 after acquiring an additional 570 shares during the last quarter. HUB Investment Partners LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 7.9% in the 2nd quarter. HUB Investment Partners LLC now owns 2,906 shares of the company’s stock worth $381,000 after acquiring an additional 214 shares during the last quarter. Finally, Diversify Advisory Services LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 13.6% in the 2nd quarter. Diversify Advisory Services LLC now owns 15,656 shares of the company’s stock worth $2,073,000 after acquiring an additional 1,880 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.4%

NYSEARCA MGV opened at $163.20 on Friday. The business’s fifty day simple moving average is $158.98 and its 200-day simple moving average is $151.69. The firm has a market cap of $13.16 billion, a PE ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 52 week low of $128.84 and a 52 week high of $166.02.

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.