RFG Advisory LLC Invests $766,000 in Vanguard Mega Cap Value ETF $MGV

RFG Advisory LLC acquired a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,286 shares of the company’s stock, valued at approximately $766,000.

Several other institutional investors and hedge funds have also bought and sold shares of MGV. Focus Partners Wealth raised its stake in Vanguard Mega Cap Value ETF by 18.2% in the 1st quarter. Focus Partners Wealth now owns 10,769 shares of the company’s stock valued at $1,387,000 after acquiring an additional 1,662 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Vanguard Mega Cap Value ETF by 5.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,063 shares of the company’s stock valued at $533,000 after acquiring an additional 192 shares during the last quarter. NewEdge Advisors LLC lifted its position in Vanguard Mega Cap Value ETF by 4.9% during the second quarter. NewEdge Advisors LLC now owns 12,167 shares of the company’s stock valued at $1,596,000 after purchasing an additional 570 shares during the last quarter. HUB Investment Partners LLC grew its position in Vanguard Mega Cap Value ETF by 7.9% in the second quarter. HUB Investment Partners LLC now owns 2,906 shares of the company’s stock worth $381,000 after acquiring an additional 214 shares in the last quarter. Finally, Diversify Advisory Services LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 13.6% in the 2nd quarter. Diversify Advisory Services LLC now owns 15,656 shares of the company’s stock worth $2,073,000 after purchasing an additional 1,880 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $163.20 on Monday. Vanguard Mega Cap Value ETF has a one year low of $128.84 and a one year high of $166.02. The firm’s 50 day simple moving average is $156.54 and its two-hundred day simple moving average is $150.28. The stock has a market capitalization of $12.70 billion, a P/E ratio of 18.48 and a beta of 0.73.

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.