Kestra Advisory Services LLC Boosts Stock Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Kestra Advisory Services LLC raised its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 309,372 shares of the company’s stock after buying an additional 9,738 shares during the period. Kestra Advisory Services LLC owned about 0.50% of Vanguard Mega Cap Value ETF worth $38,644,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in MGV. Continuum Advisory LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 3.8% during the third quarter. Continuum Advisory LLC now owns 3,448 shares of the company’s stock valued at $449,000 after buying an additional 125 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 6.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,082 shares of the company’s stock valued at $260,000 after buying an additional 132 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of Vanguard Mega Cap Value ETF by 2.5% during the fourth quarter. IFP Advisors Inc now owns 5,594 shares of the company’s stock valued at $699,000 after buying an additional 139 shares during the last quarter. Richardson Financial Services Inc. grew its holdings in shares of Vanguard Mega Cap Value ETF by 5.5% during the fourth quarter. Richardson Financial Services Inc. now owns 3,133 shares of the company’s stock valued at $390,000 after buying an additional 164 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its holdings 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 purchasing an additional 236 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Up 1.5 %

Shares of MGV stock opened at $127.48 on Friday. Vanguard Mega Cap Value ETF has a 12-month low of $113.36 and a 12-month high of $133.82. The firm’s 50 day moving average is $129.51 and its 200 day moving average is $128.71. The stock has a market capitalization of $8.64 billion, a P/E ratio of 20.16 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.