Pure Financial Advisors LLC Purchases 1,332 Shares of Vanguard Mega Cap Value ETF $MGV

Pure Financial Advisors LLC grew its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.5% in the second quarter, HoldingsChannel.com reports. The fund owned 283,770 shares of the company’s stock after buying an additional 1,332 shares during the period. Vanguard Mega Cap Value ETF comprises about 0.7% of Pure Financial Advisors LLC’s portfolio, making the stock its 29th biggest holding. Pure Financial Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $37,231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Assetmark Inc. boosted its holdings in shares of Vanguard Mega Cap Value ETF by 3.3% during the 1st quarter. Assetmark Inc. now owns 14,804,596 shares of the company’s stock worth $1,907,424,000 after buying an additional 467,392 shares during the period. Praetorian Wealth Management Inc. bought a new stake in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth about $41,516,000. HighTower Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 51.6% during the 1st quarter. HighTower Advisors LLC now owns 712,570 shares of the company’s stock worth $91,807,000 after buying an additional 242,459 shares during the period. Titleist Asset Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 1st quarter worth about $12,888,000. Finally, Crumly & Associates Inc. bought a new stake in shares of Vanguard Mega Cap Value ETF during the 1st quarter worth about $11,090,000.

Vanguard Mega Cap Value ETF Trading Up 0.3%

NYSEARCA MGV opened at $138.10 on Thursday. The company has a market cap of $10.00 billion, a price-to-earnings ratio of 18.48 and a beta of 0.86. The company has a 50 day moving average of $134.38 and a 200-day moving average of $129.46. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $138.51.

About Vanguard Mega Cap Value ETF

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.