United Advisor Group LLC Purchases New Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

United Advisor Group LLC acquired a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,961 shares of the company’s stock, valued at approximately $1,534,000.

Several other hedge funds also recently made changes to their positions in MGV. LPL Financial LLC boosted 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 valued at $119,207,000 after purchasing an additional 348,936 shares during the period. Sequoia Financial Advisors LLC grew its position in shares of Vanguard Mega Cap Value ETF by 1.6% during the third quarter. Sequoia Financial Advisors LLC now owns 646,158 shares of the company’s stock worth $82,889,000 after acquiring an additional 10,362 shares during the last quarter. Black Diamond Financial LLC grew its position in shares of Vanguard Mega Cap Value ETF by 8.7% during the second quarter. Black Diamond Financial LLC now owns 616,892 shares of the company’s stock worth $73,102,000 after acquiring an additional 49,297 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Vanguard Mega Cap Value ETF by 3.4% in the 3rd quarter. Raymond James & Associates now owns 524,029 shares of the company’s stock valued at $67,222,000 after acquiring an additional 17,208 shares during the period. Finally, Means Investment CO. Inc. boosted its stake in Vanguard Mega Cap Value ETF by 6.4% during the 3rd quarter. Means Investment CO. Inc. now owns 507,550 shares of the company’s stock worth $65,108,000 after purchasing an additional 30,393 shares during the period.

Vanguard Mega Cap Value ETF Trading Down 0.3 %

Vanguard Mega Cap Value ETF stock opened at $126.31 on Tuesday. The stock has a 50 day moving average of $127.58 and a two-hundred day moving average of $122.37. Vanguard Mega Cap Value ETF has a twelve month low of $100.14 and a twelve month high of $131.09. The stock has a market capitalization of $7.83 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66.

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.