EverSource Wealth Advisors LLC Acquires 18,206 Shares of Vanguard Mega Cap Value ETF $MGV

EverSource Wealth Advisors LLC grew its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 58.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 49,571 shares of the company’s stock after buying an additional 18,206 shares during the quarter. EverSource Wealth Advisors LLC owned 0.06% of Vanguard Mega Cap Value ETF worth $7,185,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Tucker Asset Management LLC bought a new stake in Vanguard Mega Cap Value ETF in the fourth quarter valued at about $26,000. Ascentis Independent Advisors acquired a new position in Vanguard Mega Cap Value ETF in the first quarter worth about $26,000. Bay Harbor Wealth Management LLC bought a new position in Vanguard Mega Cap Value ETF during the fourth quarter worth about $33,000. Key Financial Inc lifted its stake in Vanguard Mega Cap Value ETF by 511.1% during the fourth quarter. Key Financial Inc now owns 275 shares of the company’s stock worth $39,000 after purchasing an additional 230 shares during the period. Finally, Financial Life Planners acquired a new stake in Vanguard Mega Cap Value ETF during the first quarter valued at approximately $40,000.

Vanguard Mega Cap Value ETF Trading Up 0.4%

NYSEARCA MGV opened at $165.42 on Wednesday. Vanguard Mega Cap Value ETF has a 1-year low of $128.84 and a 1-year high of $166.02. The company has a market capitalization of $13.34 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. The stock’s 50 day moving average is $161.40 and its two-hundred day moving average is $153.58.

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.