Cetera Investment Advisers Acquires 23,428 Shares of Vanguard Mega Cap Value ETF $MGV

Cetera Investment Advisers grew its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 7.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 342,048 shares of the company’s stock after buying an additional 23,428 shares during the quarter. Cetera Investment Advisers owned approximately 0.44% of Vanguard Mega Cap Value ETF worth $49,580,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Tucker Asset Management LLC bought a new stake in Vanguard Mega Cap Value ETF during the fourth quarter worth about $26,000. Ascentis Independent Advisors bought a new position in Vanguard Mega Cap Value ETF in the first quarter valued at approximately $26,000. Bay Harbor Wealth Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth approximately $33,000. Key Financial Inc increased its position in shares of Vanguard Mega Cap Value ETF by 511.1% during the 4th quarter. Key Financial Inc now owns 275 shares of the company’s stock worth $39,000 after purchasing an additional 230 shares during the last quarter. Finally, Financial Life Planners bought a new stake in shares of Vanguard Mega Cap Value ETF during the 1st quarter worth approximately $40,000.

Vanguard Mega Cap Value ETF Trading Up 0.3%

NYSEARCA MGV opened at $164.21 on Friday. The company has a market cap of $13.24 billion, a PE ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 12 month low of $128.84 and a 12 month high of $166.02. The stock has a 50 day moving average of $160.98 and a 200-day moving average of $153.22.

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.