Keystone Wealth Services LLC Invests $232,000 in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Keystone Wealth Services LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,808 shares of the company’s stock, valued at approximately $232,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth approximately $30,000. Massmutual Trust Co. FSB ADV purchased a new stake in Vanguard Mega Cap Value ETF during the third quarter valued at $36,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Vanguard Mega Cap Value ETF during the second quarter valued at $34,000. Redmont Wealth Advisors LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the 2nd quarter worth $35,000. Finally, GPS Wealth Strategies Group LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 84.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 435 shares of the company’s stock worth $52,000 after buying an additional 199 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.6 %

Shares of NYSEARCA:MGV opened at $129.90 on Wednesday. The company has a market cap of $8.05 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 12 month low of $96.77 and a 12 month high of $130.89. The company has a 50-day moving average price of $125.95 and a 200 day moving average price of $121.17.

About Vanguard Mega Cap Value ETF

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.