Great Valley Advisor Group Inc. Acquires 620 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Great Valley Advisor Group Inc. grew its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 5.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,635 shares of the company’s stock after buying an additional 620 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $1,379,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC raised its holdings in Vanguard Mega Cap Value ETF by 6.7% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 635,796 shares of the company’s stock worth $75,342,000 after purchasing an additional 39,828 shares during the last quarter. Alpha Cubed Investments LLC boosted its stake in shares of Vanguard Mega Cap Value ETF by 5.9% in the 2nd quarter. Alpha Cubed Investments LLC now owns 28,937 shares of the company’s stock valued at $3,429,000 after purchasing an additional 1,617 shares during the last quarter. Pachira Investments Inc. boosted its stake in shares of Vanguard Mega Cap Value ETF by 4.5% in the 2nd quarter. Pachira Investments Inc. now owns 55,197 shares of the company’s stock valued at $6,541,000 after purchasing an additional 2,368 shares during the last quarter. PFG Private Wealth Management LLC boosted its stake in shares of Vanguard Mega Cap Value ETF by 2.1% in the 2nd quarter. PFG Private Wealth Management LLC now owns 49,055 shares of the company’s stock valued at $5,813,000 after purchasing an additional 1,011 shares during the last quarter. Finally, ETF Portfolio Partners Inc. boosted its stake in shares of Vanguard Mega Cap Value ETF by 10.9% in the 2nd quarter. ETF Portfolio Partners Inc. now owns 357,668 shares of the company’s stock valued at $42,384,000 after purchasing an additional 35,070 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Up 0.6 %

Shares of NYSEARCA MGV opened at $122.01 on Thursday. The firm has a market capitalization of $7.56 billion, a PE ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 1 year low of $96.77 and a 1 year high of $124.57. The firm’s 50-day moving average is $120.15 and its 200-day moving average is $117.46.

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.