Geneos Wealth Management Inc. Grows Stake in Vanguard Mega Cap Value ETF $MGV

Geneos Wealth Management Inc. raised its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 24.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,628 shares of the company’s stock after buying an additional 322 shares during the period. Geneos Wealth Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $210,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of MGV. North Capital Inc. purchased a new position in shares of Vanguard Mega Cap Value ETF during the first quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Vanguard Mega Cap Value ETF during the first quarter valued at approximately $28,000. Ameriflex Group Inc. purchased a new position in shares of Vanguard Mega Cap Value ETF during the fourth quarter valued at approximately $29,000. N.E.W. Advisory Services LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the first quarter valued at approximately $35,000. Finally, Redmont Wealth Advisors LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the first quarter valued at approximately $38,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV opened at $136.29 on Wednesday. Vanguard Mega Cap Value ETF has a 1 year low of $112.25 and a 1 year high of $137.40. The business has a 50 day simple moving average of $133.17 and a two-hundred day simple moving average of $128.76. The firm has a market capitalization of $9.87 billion, a PE ratio of 18.48 and a beta of 0.86.

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.