Life Planning Partners Inc Acquires Shares of 28,854 Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Life Planning Partners Inc bought a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 4th quarter, Holdings Channel reports. The fund bought 28,854 shares of the company’s stock, valued at approximately $3,604,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Assetmark Inc. grew its stake 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 valued at $1,791,999,000 after purchasing an additional 548,728 shares during the last quarter. World Investment Advisors LLC purchased a new position in Vanguard Mega Cap Value ETF during the 3rd quarter worth $59,884,000. Strategic Financial Concepts LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 12,397.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 243,707 shares of the company’s stock worth $30,441,000 after acquiring an additional 241,757 shares during the period. Brophy Wealth Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF during the third quarter worth about $16,744,000. Finally, MFA Wealth Advisors LLC acquired a new position in shares of Vanguard Mega Cap Value ETF during the third quarter worth about $13,336,000.

Vanguard Mega Cap Value ETF Stock Up 0.7 %

Shares of NYSEARCA:MGV opened at $131.95 on Friday. Vanguard Mega Cap Value ETF has a 52 week low of $111.37 and a 52 week high of $133.82. The company has a 50-day moving average price of $128.08 and a 200 day moving average price of $127.55. The company has a market cap of $8.18 billion, a P/E ratio of 18.88 and a beta of 0.66.

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.