RWA Wealth Partners LLC Acquires 1,622 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

RWA Wealth Partners LLC increased its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 22.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,699 shares of the company’s stock after acquiring an additional 1,622 shares during the period. RWA Wealth Partners LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,087,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of MGV. Continuum Advisory LLC boosted its position in Vanguard Mega Cap Value ETF by 3.8% in the 3rd 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 period. Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 6.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,082 shares of the company’s stock valued at $260,000 after purchasing an additional 132 shares during the period. IFP Advisors Inc increased its holdings in Vanguard Mega Cap Value ETF by 2.5% during the 4th quarter. IFP Advisors Inc now owns 5,594 shares of the company’s stock worth $699,000 after purchasing an additional 139 shares during the period. Richardson Financial Services Inc. increased its holdings in Vanguard Mega Cap Value ETF by 5.5% during the 4th quarter. Richardson Financial Services Inc. now owns 3,133 shares of the company’s stock worth $390,000 after purchasing an additional 164 shares during the period. Finally, Horizon Investment Services LLC raised its position in Vanguard Mega Cap Value ETF by 1.1% during the 4th quarter. Horizon Investment Services LLC now owns 17,006 shares of the company’s stock valued at $2,124,000 after purchasing an additional 192 shares in the last quarter.

Vanguard Mega Cap Value ETF Trading Up 1.2 %

MGV opened at $128.84 on Tuesday. The company has a market capitalization of $8.88 billion, a price-to-earnings ratio of 20.13 and a beta of 0.85. Vanguard Mega Cap Value ETF has a 12-month low of $113.36 and a 12-month high of $133.82. The business’s fifty day simple moving average is $130.12 and its 200-day simple moving average is $129.01.

Vanguard Mega Cap Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.6838 per share. The ex-dividend date of this dividend was Thursday, March 27th.

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.