JFG Wealth Management LLC Makes New $650,000 Investment in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

JFG Wealth Management LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 4th quarter, Holdings Channel reports. The fund purchased 5,205 shares of the company’s stock, valued at approximately $650,000.

A number of other large investors have also recently modified their holdings of the company. Brookstone Capital Management raised its position in Vanguard Mega Cap Value ETF by 10.9% during 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. increased its stake in shares of 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 during the period. Apollon Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the fourth quarter valued at $211,000. Stratos Wealth Partners LTD. raised its holdings in shares of Vanguard Mega Cap Value ETF by 28.6% in the fourth 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 in the last quarter. Finally, Park Avenue Securities LLC lifted its stake in Vanguard Mega Cap Value ETF by 13.0% in the fourth quarter. Park Avenue Securities LLC now owns 2,056 shares of the company’s stock worth $257,000 after acquiring an additional 236 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV opened at $131.38 on Wednesday. The company has a market cap of $8.82 billion, a PE ratio of 20.60 and a beta of 0.86. The firm’s 50 day moving average price is $128.55 and its 200-day moving average price is $128.29. Vanguard Mega Cap Value ETF has a 52-week low of $113.36 and a 52-week high of $133.82.

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.