Goldstone Financial Group LLC Takes Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Goldstone Financial Group LLC purchased a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,501 shares of the company’s stock, valued at approximately $706,000.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its position in shares of Vanguard Mega Cap Value ETF by 53.1% in the 2nd quarter. LPL Financial LLC now owns 1,005,969 shares of the company’s stock worth $119,207,000 after buying an additional 348,936 shares during the period. Strategic Financial Concepts LLC grew its holdings in Vanguard Mega Cap Value ETF by 11,467.1% in the second quarter. Strategic Financial Concepts LLC now owns 240,132 shares of the company’s stock worth $28,456,000 after purchasing an additional 238,056 shares during the period. Redhawk Wealth Advisors Inc. bought a new position in shares of Vanguard Mega Cap Value ETF during the third quarter valued at approximately $25,554,000. MFA Wealth Advisors LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the third quarter valued at approximately $13,336,000. Finally, Marmo Financial Group LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 92.5% in the 3rd quarter. Marmo Financial Group LLC now owns 161,053 shares of the company’s stock worth $20,660,000 after purchasing an additional 77,368 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Down 0.1 %

MGV stock opened at $127.38 on Thursday. The business has a 50 day moving average of $127.50 and a 200 day moving average of $122.04. The firm has a market cap of $7.89 billion, a PE ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a twelve month low of $98.08 and a twelve month high of $131.09.

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.