Silverlake Wealth Management LLC Acquires 5,330 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Silverlake Wealth Management LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 50.1% during the 4th quarter, Holdings Channel reports. The firm owned 15,979 shares of the company’s stock after buying an additional 5,330 shares during the period. Silverlake Wealth Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,996,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MGV. Assetmark Inc. boosted its holdings in shares of Vanguard Mega Cap Value ETF by 4.1% in the 3rd quarter. Assetmark Inc. now owns 13,969,433 shares of the company’s stock worth $1,791,999,000 after purchasing an additional 548,728 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Vanguard Mega Cap Value ETF by 0.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,260,757 shares of the company’s stock worth $161,730,000 after purchasing an additional 11,338 shares during the period. Black Diamond Financial LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 11.9% in the 3rd quarter. Black Diamond Financial LLC now owns 690,138 shares of the company’s stock worth $88,537,000 after purchasing an additional 73,246 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 1.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 646,158 shares of the company’s stock worth $82,889,000 after purchasing an additional 10,362 shares during the period. Finally, Merit Financial Group LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 7.8% in the 4th quarter. Merit Financial Group LLC now owns 582,474 shares of the company’s stock worth $72,757,000 after purchasing an additional 42,119 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

Shares of Vanguard Mega Cap Value ETF stock opened at $130.48 on Wednesday. The stock has a market cap of $8.09 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. The stock has a 50 day moving average price of $128.30 and a 200-day moving average price of $127.14. Vanguard Mega Cap Value ETF has a one year low of $110.66 and a one year high of $133.82.

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.