Praetorian Wealth Management Inc. Acquires 3,296 Shares of Vanguard Mega Cap Value ETF $MGV

Praetorian Wealth Management Inc. grew its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 382,890 shares of the company’s stock after purchasing an additional 3,296 shares during the period. Vanguard Mega Cap Value ETF comprises 10.6% of Praetorian Wealth Management Inc.’s investment portfolio, making the stock its 2nd biggest position. Praetorian Wealth Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $61,680,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of MGV. Matthew Goff Investment Advisor LLC purchased a new position in Vanguard Mega Cap Value ETF in the first quarter valued at $1,597,000. ICONIQ Capital LLC acquired a new position in shares of Vanguard Mega Cap Value ETF in the second quarter worth about $1,192,000. Baird Financial Group Inc. raised its position in shares of Vanguard Mega Cap Value ETF by 1.0% in the second quarter. Baird Financial Group Inc. now owns 387,221 shares of the company’s stock worth $63,291,000 after acquiring an additional 3,737 shares during the period. Greenleaf Trust acquired a new position in shares of Vanguard Mega Cap Value ETF in the second quarter worth about $307,000. Finally, Petredis Investment Advisors LLC boosted its stake in shares of Vanguard Mega Cap Value ETF by 1.0% during the 1st quarter. Petredis Investment Advisors LLC now owns 367,428 shares of the company’s stock worth $53,259,000 after acquiring an additional 3,754 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of Vanguard Mega Cap Value ETF stock traded up $0.33 on Friday, hitting $165.68. The company’s stock had a trading volume of 252,096 shares, compared to its average volume of 257,929. The company has a market capitalization of $13.86 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 1 year low of $135.48 and a 1 year high of $169.84. The firm has a fifty day moving average price of $165.67 and a 200-day moving average price of $160.39.

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.