Corient Private Wealth LLC Raises Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Corient Private Wealth LLC boosted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 166.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,371 shares of the company’s stock after purchasing an additional 10,862 shares during the quarter. Corient Private Wealth LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,170,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of MGV. Wealthfront Advisers LLC raised its position in shares of 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. Raymond James Financial Inc. bought a new stake in Vanguard Mega Cap Value ETF during the 4th quarter valued at about $84,153,000. World Investment Advisors LLC purchased a new position in Vanguard Mega Cap Value ETF in the third quarter worth about $59,884,000. Assetmark Inc. lifted its stake in shares of Vanguard Mega Cap Value ETF by 2.6% in the fourth quarter. Assetmark Inc. now owns 14,337,204 shares of the company’s stock worth $1,790,860,000 after buying an additional 367,771 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 12,397.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 243,707 shares of the company’s stock valued at $30,441,000 after buying an additional 241,757 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 1.0 %

Shares of MGV opened at $129.82 on Tuesday. The company has a market capitalization of $8.79 billion, a P/E ratio of 20.16 and a beta of 0.85. Vanguard Mega Cap Value ETF has a twelve month low of $113.36 and a twelve month high of $133.82. The firm has a 50 day moving average of $130.00 and a 200 day moving average of $128.87.

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.