PNC Financial Services Group Inc. Buys 5,786 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

PNC Financial Services Group Inc. grew its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,266,543 shares of the company’s stock after purchasing an additional 5,786 shares during the quarter. PNC Financial Services Group Inc. owned about 2.04% of Vanguard Mega Cap Value ETF worth $158,204,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in MGV. Financial Life Planners acquired a new position in Vanguard Mega Cap Value ETF during the fourth quarter worth $34,000. Tanglewood Legacy Advisors LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at about $54,000. Planning Capital Management Corp acquired a new position in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth about $85,000. Sachetta LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at about $95,000. Finally, Legacy Investment Solutions LLC acquired a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter valued at about $108,000.

Vanguard Mega Cap Value ETF Stock Up 0.9 %

Shares of NYSEARCA MGV opened at $129.91 on Friday. The business’s 50 day moving average price is $129.31 and its two-hundred day moving average price is $128.68. The company has a market cap of $8.72 billion, a PE ratio of 20.60 and a beta of 0.86. Vanguard Mega Cap Value ETF has a twelve month low of $113.36 and a twelve month high of $133.82.

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.