Bright Futures Wealth Management LLC. Purchases New Stake in Vanguard Mega Cap Value ETF $MGV

Bright Futures Wealth Management LLC. acquired a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,344 shares of the company’s stock, valued at approximately $598,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in MGV. Cvfg LLC lifted its position in Vanguard Mega Cap Value ETF by 3.5% in the 3rd quarter. Cvfg LLC now owns 2,220 shares of the company’s stock valued at $306,000 after acquiring an additional 75 shares in the last quarter. Visionary Wealth Advisors lifted its holdings in shares of Vanguard Mega Cap Value ETF by 1.0% in the second quarter. Visionary Wealth Advisors now owns 8,107 shares of the company’s stock valued at $1,064,000 after purchasing an additional 82 shares in the last quarter. Choreo LLC lifted its holdings in shares of Vanguard Mega Cap Value ETF by 0.5% in the third quarter. Choreo LLC now owns 18,390 shares of the company’s stock valued at $2,546,000 after purchasing an additional 83 shares in the last quarter. Betterment LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 3.4% during the second quarter. Betterment LLC now owns 2,730 shares of the company’s stock valued at $358,000 after buying an additional 90 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its holdings in Vanguard Mega Cap Value ETF by 5.9% during the third quarter. Apollon Wealth Management LLC now owns 1,792 shares of the company’s stock worth $247,000 after buying an additional 100 shares in the last quarter.

Vanguard Mega Cap Value ETF Trading Up 0.3%

NYSEARCA MGV opened at $153.11 on Monday. The business has a fifty day simple moving average of $147.68 and a 200 day simple moving average of $141.10. Vanguard Mega Cap Value ETF has a 12 month low of $112.25 and a 12 month high of $154.03. The firm has a market capitalization of $11.65 billion, a P/E ratio of 18.48 and a beta of 0.80.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.