Dechtman Wealth Management LLC Takes $6.53 Million Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Dechtman Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 50,931 shares of the company’s stock, valued at approximately $6,533,000. Vanguard Mega Cap Value ETF makes up about 1.3% of Dechtman Wealth Management LLC’s investment portfolio, making the stock its 11th biggest holding.

Several other hedge funds have also added to or reduced their stakes in the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Vanguard Mega Cap Value ETF during the 1st quarter valued at about $264,000. Csenge Advisory Group increased its position in Vanguard Mega Cap Value ETF by 8.3% during the first quarter. Csenge Advisory Group now owns 6,288 shares of the company’s stock valued at $751,000 after acquiring an additional 482 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in Vanguard Mega Cap Value ETF by 13.9% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 90,991 shares of the company’s stock worth $10,874,000 after purchasing an additional 11,073 shares during the last quarter. PFG Advisors lifted its stake in shares of Vanguard Mega Cap Value ETF by 174.8% in the 1st quarter. PFG Advisors now owns 21,991 shares of the company’s stock worth $2,628,000 after purchasing an additional 13,987 shares during the period. Finally, Bernardo Wealth Planning LLC grew its position in Vanguard Mega Cap Value ETF by 4.6% during the first quarter. Bernardo Wealth Planning LLC now owns 256,791 shares of the company’s stock valued at $30,689,000 after buying an additional 11,332 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

Shares of Vanguard Mega Cap Value ETF stock traded up $2.69 on Wednesday, hitting $130.30. 60,787 shares of the company’s stock were exchanged, compared to its average volume of 179,060. Vanguard Mega Cap Value ETF has a 1 year low of $100.14 and a 1 year high of $131.09. The company has a 50-day simple moving average of $127.61 and a 200-day simple moving average of $122.46. The stock has a market capitalization of $8.07 billion, a PE ratio of 18.88 and a beta of 0.66.

Vanguard Mega Cap Value ETF Company 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.