Redhawk Wealth Advisors Inc. Invests $25.55 Million in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Redhawk Wealth Advisors Inc. bought a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 199,206 shares of the company’s stock, valued at approximately $25,554,000. Vanguard Mega Cap Value ETF comprises approximately 3.6% of Redhawk Wealth Advisors Inc.’s holdings, making the stock its 3rd biggest holding. Redhawk Wealth Advisors Inc. owned about 0.32% of Vanguard Mega Cap Value ETF as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in Vanguard Mega Cap Value ETF during the 2nd quarter worth approximately $30,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Vanguard Mega Cap Value ETF during the 2nd quarter valued at $34,000. Redmont Wealth Advisors LLC bought a new stake in Vanguard Mega Cap Value ETF during the 2nd quarter valued at $35,000. Massmutual Trust Co. FSB ADV bought a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter worth $36,000. Finally, GPS Wealth Strategies Group LLC grew its stake in shares of Vanguard Mega Cap Value ETF by 84.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 435 shares of the company’s stock worth $52,000 after acquiring an additional 199 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV opened at $129.89 on Monday. The company’s 50-day moving average is $125.48 and its 200 day moving average is $121.02. The company has a market capitalization of $8.05 billion, a P/E ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a fifty-two week low of $96.77 and a fifty-two week high of $130.00.

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.