Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Stake Increased by OneAscent Wealth Management LLC

OneAscent Wealth Management LLC boosted its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 52.5% during the 4th quarter, HoldingsChannel reports. The fund owned 10,829 shares of the company’s stock after buying an additional 3,727 shares during the period. Vanguard Mega Cap Value ETF comprises 0.6% of OneAscent Wealth Management LLC’s portfolio, making the stock its 19th largest position. OneAscent Wealth Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,353,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Brookstone Capital Management raised its stake in shares of Vanguard Mega Cap Value ETF by 10.9% in the 4th quarter. Brookstone Capital Management now owns 3,971 shares of the company’s stock valued at $496,000 after purchasing an additional 389 shares in the last quarter. Principal Securities Inc. raised its stake in Vanguard Mega Cap Value ETF by 16.5% during the fourth quarter. Principal Securities Inc. now owns 2,272 shares of the company’s stock valued at $284,000 after buying an additional 321 shares in the last quarter. Apollon Wealth Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter worth approximately $211,000. Stratos Wealth Partners LTD. increased its holdings in shares of Vanguard Mega Cap Value ETF by 28.6% in the 4th quarter. Stratos Wealth Partners LTD. now owns 4,263 shares of the company’s stock valued at $533,000 after acquiring an additional 948 shares during the last quarter. Finally, Park Avenue Securities LLC raised its position in shares of Vanguard Mega Cap Value ETF by 13.0% during the 4th quarter. Park Avenue Securities LLC now owns 2,056 shares of the company’s stock valued at $257,000 after acquiring an additional 236 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV opened at $127.29 on Friday. The stock has a market capitalization of $8.77 billion, a PE ratio of 20.13 and a beta of 0.85. The business’s fifty day moving average price is $130.11 and its 200 day moving average price is $128.93. Vanguard Mega Cap Value ETF has a 12-month low of $113.36 and a 12-month high of $133.82.

Vanguard Mega Cap Value ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a $0.6838 dividend. The ex-dividend date is Thursday, March 27th.

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.