Vanguard Mega Cap Value ETF $MGV is Fingerlakes Wealth Management Inc.’s 6th Largest Position

Fingerlakes Wealth Management Inc. raised its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 32.4% in the 2nd quarter, Holdings Channel reports. The fund owned 40,883 shares of the company’s stock after acquiring an additional 10,016 shares during the quarter. Vanguard Mega Cap Value ETF accounts for approximately 4.0% of Fingerlakes Wealth Management Inc.’s portfolio, making the stock its 6th biggest position. Fingerlakes Wealth Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $5,364,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Proathlete Wealth Management LLC purchased a new stake in Vanguard Mega Cap Value ETF during the 2nd quarter valued at approximately $25,000. NorthRock Partners LLC raised its stake in Vanguard Mega Cap Value ETF by 100.0% during the 2nd quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 94 shares during the last quarter. North Capital Inc. purchased a new stake in Vanguard Mega Cap Value ETF during the 1st quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL purchased a new stake in Vanguard Mega Cap Value ETF during the 1st quarter valued at approximately $28,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in Vanguard Mega Cap Value ETF during the 1st quarter valued at approximately $35,000.

Vanguard Mega Cap Value ETF Stock Up 0.8%

MGV opened at $138.51 on Tuesday. The business has a 50 day moving average price of $135.98 and a two-hundred day moving average price of $130.37. The company has a market cap of $10.29 billion, a PE ratio of 18.48 and a beta of 0.86. Vanguard Mega Cap Value ETF has a 52 week low of $112.25 and a 52 week high of $139.07.

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.