Vanguard Mega Cap Value ETF $MGV Stake Increased by Avior Wealth Management LLC

Avior Wealth Management LLC lifted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 18.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 191,673 shares of the company’s stock after buying an additional 29,374 shares during the period. Avior Wealth Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $27,057,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE raised its position in Vanguard Mega Cap Value ETF by 7.9% during the second quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock valued at $575,265,000 after buying an additional 319,194 shares during the period. Ameriprise Financial Inc. boosted its position in Vanguard Mega Cap Value ETF by 17.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,042,106 shares of the company’s stock worth $281,261,000 after acquiring an additional 298,993 shares during the period. UBS Group AG boosted its position in Vanguard Mega Cap Value ETF by 3.8% during the 3rd quarter. UBS Group AG now owns 1,753,992 shares of the company’s stock worth $241,595,000 after acquiring an additional 63,931 shares during the period. Osaic Holdings Inc. grew its stake in Vanguard Mega Cap Value ETF by 557.8% during the 2nd quarter. Osaic Holdings Inc. now owns 1,099,774 shares of the company’s stock valued at $142,255,000 after acquiring an additional 932,588 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in Vanguard Mega Cap Value ETF by 29.3% during the 2nd quarter. Raymond James Financial Inc. now owns 855,215 shares of the company’s stock valued at $112,204,000 after acquiring an additional 193,776 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV opened at $145.31 on Friday. The business’s 50-day moving average is $149.24 and its 200-day moving average is $142.37. The company has a market capitalization of $11.05 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a fifty-two week low of $112.25 and a fifty-two week high of $154.03.

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.