ARQ Wealth Advisors LLC Has $11.36 Million Holdings in Vanguard Mega Cap Value ETF $MGV

ARQ Wealth Advisors LLC cut its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 5.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 82,066 shares of the company’s stock after selling 4,502 shares during the period. Vanguard Mega Cap Value ETF makes up about 3.4% of ARQ Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. ARQ Wealth Advisors LLC owned about 0.11% of Vanguard Mega Cap Value ETF worth $11,360,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. CIBC Private Wealth Group LLC raised its holdings in Vanguard Mega Cap Value ETF by 34.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 11,978 shares of the company’s stock worth $1,650,000 after acquiring an additional 3,101 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in Vanguard Mega Cap Value ETF in the 3rd quarter valued at approximately $5,345,000. Centaurus Financial Inc. boosted its stake in Vanguard Mega Cap Value ETF by 1.3% during the 3rd quarter. Centaurus Financial Inc. now owns 35,046 shares of the company’s stock valued at $4,827,000 after purchasing an additional 435 shares during the last quarter. Captrust Financial Advisors boosted its stake in Vanguard Mega Cap Value ETF by 0.4% during the 3rd quarter. Captrust Financial Advisors now owns 46,562 shares of the company’s stock valued at $6,413,000 after purchasing an additional 205 shares during the last quarter. Finally, Stonebridge Financial Planning Group LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 5.7% in the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 16,033 shares of the company’s stock worth $2,208,000 after purchasing an additional 871 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

MGV stock opened at $147.60 on Wednesday. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $154.03. The business has a fifty day moving average price of $149.19 and a 200-day moving average price of $142.33. The stock has a market capitalization of $11.23 billion, a P/E ratio of 18.48 and a beta of 0.80.

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