Richardson Financial Services Inc. Increases Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Richardson Financial Services Inc. boosted its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 5.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,133 shares of the company’s stock after acquiring an additional 164 shares during the period. Richardson Financial Services Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $390,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MGV. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Vanguard Mega Cap Value ETF in the third quarter valued at $36,000. CENTRAL TRUST Co acquired a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter worth about $40,000. Angeles Wealth Management LLC purchased a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter valued at about $46,000. WFA Asset Management Corp increased its stake in shares of Vanguard Mega Cap Value ETF by 93.5% during the 3rd quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock valued at $61,000 after acquiring an additional 229 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. lifted its holdings in shares of Vanguard Mega Cap Value ETF by 65.2% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 570 shares of the company’s stock worth $73,000 after acquiring an additional 225 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

Vanguard Mega Cap Value ETF stock opened at $130.76 on Friday. Vanguard Mega Cap Value ETF has a 1 year low of $110.66 and a 1 year high of $133.82. The firm has a 50 day moving average price of $128.35 and a 200 day moving average price of $127.03. The company has a market cap of $8.10 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66.

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.