Praetorian Wealth Management Inc. Acquires 10,854 Shares of Vanguard Mega Cap Value ETF $MGV

Praetorian Wealth Management Inc. boosted its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 379,594 shares of the company’s stock after buying an additional 10,854 shares during the quarter. Vanguard Mega Cap Value ETF makes up approximately 10.7% of Praetorian Wealth Management Inc.’s holdings, making the stock its 2nd largest holding. Praetorian Wealth Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $62,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Merit Financial Group LLC boosted its holdings in Vanguard Mega Cap Value ETF by 51.7% in the fourth quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock worth $178,111,000 after acquiring an additional 429,853 shares in the last quarter. Wellington Management Group LLP purchased a new position in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at approximately $46,132,000. Strategic Investment Advisors MI raised its position in shares of Vanguard Mega Cap Value ETF by 3,318,590.0% in the 4th quarter. Strategic Investment Advisors MI now owns 331,869 shares of the company’s stock valued at $46,879,000 after purchasing an additional 331,859 shares during the last quarter. Bank of America Corp DE boosted its stake in Vanguard Mega Cap Value ETF by 7.9% in the 2nd quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock worth $575,265,000 after purchasing an additional 319,194 shares in the last quarter. Finally, Assetmark Inc. grew its position in Vanguard Mega Cap Value ETF by 2.1% during the 4th quarter. Assetmark Inc. now owns 15,430,686 shares of the company’s stock worth $2,178,196,000 after purchasing an additional 312,445 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.3%

Shares of Vanguard Mega Cap Value ETF stock opened at $166.04 on Friday. The firm’s 50 day simple moving average is $162.47 and its two-hundred day simple moving average is $154.50. The firm has a market capitalization of $13.39 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 12-month low of $129.93 and a 12-month high of $167.30.

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.