Principle Wealth Partners LLC Boosts Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Principle Wealth Partners LLC raised its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,430 shares of the company’s stock after buying an additional 1,885 shares during the quarter. Principle Wealth Partners LLC owned approximately 0.05% of Vanguard Mega Cap Value ETF worth $3,219,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Valmark Advisers Inc. purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth about $267,000. RWA Wealth Partners LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth about $282,000. Annapolis Financial Services LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 115.1% during the 4th quarter. Annapolis Financial Services LLC now owns 40,891 shares of the company’s stock worth $4,472,000 after purchasing an additional 21,885 shares during the period. Colton Groome Financial Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth about $422,000. Finally, Koshinski Asset Management Inc. grew its holdings in shares of Vanguard Mega Cap Value ETF by 93.1% during the 4th quarter. Koshinski Asset Management Inc. now owns 13,107 shares of the company’s stock worth $1,434,000 after purchasing an additional 6,321 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV traded down $0.11 during trading on Friday, reaching $116.05. 139,552 shares of the stock were exchanged, compared to its average volume of 177,648. Vanguard Mega Cap Value ETF has a 12-month low of $96.77 and a 12-month high of $119.69. The firm has a market cap of $7.12 billion, a price-to-earnings ratio of 18.51 and a beta of 0.68. The firm’s 50-day moving average price is $116.18 and its 200 day moving average price is $109.84.

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.