VSM Wealth Advisory LLC Makes New $994,000 Investment in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

VSM Wealth Advisory LLC bought a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 7,954 shares of the company’s stock, valued at approximately $994,000.

A number of other institutional investors have also bought and sold shares of the business. Continuum Advisory LLC lifted its stake in Vanguard Mega Cap Value ETF by 3.8% in the 3rd quarter. Continuum Advisory LLC now owns 3,448 shares of the company’s stock worth $449,000 after purchasing an additional 125 shares in the last quarter. Strategic Financial Concepts LLC raised its position in shares of Vanguard Mega Cap Value ETF by 6.8% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,082 shares of the company’s stock valued at $260,000 after buying an additional 132 shares during the period. IFP Advisors Inc raised its position in shares of Vanguard Mega Cap Value ETF by 2.5% during the 4th quarter. IFP Advisors Inc now owns 5,594 shares of the company’s stock valued at $699,000 after buying an additional 139 shares during the period. Richardson Financial Services Inc. raised its position in shares of Vanguard Mega Cap Value ETF by 5.5% during the 4th quarter. Richardson Financial Services Inc. now owns 3,133 shares of the company’s stock valued at $390,000 after buying an additional 164 shares during the period. Finally, Alpha Cubed Investments LLC raised its position in shares of Vanguard Mega Cap Value ETF by 0.9% during the 4th quarter. Alpha Cubed Investments LLC now owns 27,230 shares of the company’s stock valued at $3,401,000 after buying an additional 236 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $128.52 on Wednesday. The firm has a market cap of $8.71 billion, a PE ratio of 20.16 and a beta of 0.85. The firm’s 50 day moving average price is $129.65 and its 200-day moving average price is $128.78. Vanguard Mega Cap Value ETF has a one year low of $113.36 and a one year high of $133.82.

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.