Worth Asset Management LLC Acquires Shares of 21,484 Vanguard Mega Cap Value ETF $MGV

Worth Asset Management LLC acquired a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 21,484 shares of the company’s stock, valued at approximately $3,114,000. Vanguard Mega Cap Value ETF comprises about 1.2% of Worth Asset Management LLC’s holdings, making the stock its 15th largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Focus Partners Wealth boosted its position in Vanguard Mega Cap Value ETF by 18.2% during the first quarter. Focus Partners Wealth now owns 10,769 shares of the company’s stock worth $1,387,000 after purchasing an additional 1,662 shares during the period. Russell Investments Group Ltd. raised its position in shares of Vanguard Mega Cap Value ETF by 5.0% in the second quarter. Russell Investments Group Ltd. now owns 4,063 shares of the company’s stock valued at $533,000 after purchasing an additional 192 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 4.9% during the 2nd quarter. NewEdge Advisors LLC now owns 12,167 shares of the company’s stock worth $1,596,000 after buying an additional 570 shares during the last quarter. HUB Investment Partners LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 7.9% during the 2nd quarter. HUB Investment Partners LLC now owns 2,906 shares of the company’s stock worth $381,000 after buying an additional 214 shares during the period. Finally, Diversify Advisory Services LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 13.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 15,656 shares of the company’s stock worth $2,073,000 after buying an additional 1,880 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV opened at $164.04 on Tuesday. Vanguard Mega Cap Value ETF has a 52 week low of $127.95 and a 52 week high of $164.40. The firm has a market cap of $12.77 billion, a P/E ratio of 18.48 and a beta of 0.73. The firm’s 50-day simple moving average is $155.42 and its 200 day simple moving average is $149.64.

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.