C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Raises Position in Vanguard Mega Cap Value ETF $MGV

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 227.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,933 shares of the company’s stock after acquiring an additional 4,816 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Vanguard Mega Cap Value ETF were worth $979,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cornerstone Planning Group LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the third quarter worth approximately $28,000. Root Financial Partners LLC acquired a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $29,000. First Horizon Corp purchased a new position in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at approximately $34,000. Nemes Rush Group LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF during the third quarter worth approximately $34,000. Finally, Financial Life Planners purchased a new position in Vanguard Mega Cap Value ETF in the 3rd quarter valued at $37,000.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV opened at $145.47 on Friday. Vanguard Mega Cap Value ETF has a 12-month low of $112.25 and a 12-month high of $154.03. The business’s 50 day moving average is $148.92 and its two-hundred day moving average is $143.15. The stock has a market capitalization of $11.26 billion, a price-to-earnings 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.