Apriem Advisors Acquires 5,181 Shares of Vanguard Mega Cap Value ETF $MGV

Apriem Advisors lifted its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.1% during the fourth quarter, HoldingsChannel reports. The firm owned 253,265 shares of the company’s stock after acquiring an additional 5,181 shares during the quarter. Vanguard Mega Cap Value ETF comprises 3.3% of Apriem Advisors’ holdings, making the stock its 9th largest holding. Apriem Advisors’ holdings in Vanguard Mega Cap Value ETF were worth $35,751,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of MGV. Focus Partners Wealth raised its position in shares of 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% during the second quarter. Russell Investments Group Ltd. now owns 4,063 shares of the company’s stock worth $533,000 after purchasing an additional 192 shares during the period. NewEdge Advisors LLC raised its position in shares of Vanguard Mega Cap Value ETF by 4.9% during the second quarter. NewEdge Advisors LLC now owns 12,167 shares of the company’s stock worth $1,596,000 after purchasing an additional 570 shares during the period. HUB Investment Partners LLC raised its position in shares of Vanguard Mega Cap Value ETF by 7.9% during the second quarter. HUB Investment Partners LLC now owns 2,906 shares of the company’s stock worth $381,000 after purchasing an additional 214 shares during the period. Finally, Diversify Advisory Services LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 13.6% during the second 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 in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA:MGV opened at $162.14 on Friday. The company has a market cap of $12.62 billion, a PE ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a 52-week low of $127.95 and a 52-week high of $162.49. The stock has a 50-day simple moving average of $153.54 and a 200 day simple moving average of $148.59.

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.