Dechtman Wealth Management LLC Buys 166,103 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Dechtman Wealth Management LLC boosted its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 326.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 217,034 shares of the company’s stock after purchasing an additional 166,103 shares during the period. Vanguard Mega Cap Value ETF accounts for approximately 5.2% of Dechtman Wealth Management LLC’s portfolio, making the stock its 6th biggest position. Dechtman Wealth Management LLC owned about 0.35% of Vanguard Mega Cap Value ETF worth $27,110,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealthfront Advisers LLC lifted its holdings in Vanguard Mega Cap Value ETF by 40,868.2% in the 4th quarter. Wealthfront Advisers LLC now owns 27,161,100 shares of the company’s stock worth $3,392,693,000 after purchasing an additional 27,094,802 shares during the last quarter. Assetmark Inc. grew its stake in Vanguard Mega Cap Value ETF by 2.6% in the 4th quarter. Assetmark Inc. now owns 14,337,204 shares of the company’s stock valued at $1,790,860,000 after buying an additional 367,771 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Vanguard Mega Cap Value ETF by 0.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,266,543 shares of the company’s stock worth $158,204,000 after acquiring an additional 5,786 shares during the last quarter. LPL Financial LLC boosted its holdings in Vanguard Mega Cap Value ETF by 6.0% during the fourth quarter. LPL Financial LLC now owns 953,263 shares of the company’s stock valued at $119,072,000 after acquiring an additional 54,072 shares during the period. Finally, Black Diamond Financial LLC grew its position in shares of Vanguard Mega Cap Value ETF by 1.6% in the fourth quarter. Black Diamond Financial LLC now owns 701,296 shares of the company’s stock valued at $87,599,000 after purchasing an additional 11,158 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV opened at $129.45 on Wednesday. The stock has a 50-day simple moving average of $130.07 and a 200 day simple moving average of $128.91. Vanguard Mega Cap Value ETF has a twelve month low of $113.36 and a twelve month high of $133.82. The stock has a market capitalization of $8.92 billion, a PE ratio of 20.13 and a beta of 0.85.

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.