Lido Advisors LLC Makes New $836,000 Investment in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Lido Advisors LLC bought a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 6,697 shares of the company’s stock, valued at approximately $836,000.

A number of other institutional investors have also recently modified their holdings of the business. Integrated Wealth Concepts LLC boosted its position in Vanguard Mega Cap Value ETF by 77.6% during the fourth quarter. Integrated Wealth Concepts LLC now owns 22,714 shares of the company’s stock worth $2,837,000 after purchasing an additional 9,924 shares in the last quarter. Coppell Advisory Solutions LLC grew its stake in Vanguard Mega Cap Value ETF by 316.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 329 shares of the company’s stock valued at $41,000 after acquiring an additional 250 shares during the period. Stifel Financial Corp grew its stake in Vanguard Mega Cap Value ETF by 2.2% in the 4th quarter. Stifel Financial Corp now owns 285,721 shares of the company’s stock valued at $35,690,000 after acquiring an additional 6,118 shares during the period. Optivise Advisory Services LLC increased its holdings in Vanguard Mega Cap Value ETF by 16.3% in the 4th quarter. Optivise Advisory Services LLC now owns 3,182 shares of the company’s stock worth $397,000 after acquiring an additional 445 shares in the last quarter. Finally, Select Asset Management & Trust raised its position in Vanguard Mega Cap Value ETF by 7.1% during the fourth quarter. Select Asset Management & Trust now owns 94,202 shares of the company’s stock worth $11,767,000 after acquiring an additional 6,275 shares during the period.

Vanguard Mega Cap Value ETF Stock Up 1.5 %

Shares of NYSEARCA MGV opened at $125.18 on Friday. Vanguard Mega Cap Value ETF has a 52-week low of $112.25 and a 52-week high of $133.82. The company’s 50-day simple moving average is $125.07 and its 200-day simple moving average is $127.79. The firm has a market cap of $8.72 billion, a price-to-earnings ratio of 18.80 and a beta of 0.80.

Vanguard Mega Cap Value ETF Company 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.