RWA Wealth Partners LLC Invests $282,000 in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

RWA Wealth Partners LLC purchased a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,581 shares of the company’s stock, valued at approximately $282,000.

A number of other institutional investors have also added to or reduced their stakes in MGV. Morgan Stanley increased its position in Vanguard Mega Cap Value ETF by 7.6% during the 3rd quarter. Morgan Stanley now owns 2,656,447 shares of the company’s stock worth $269,364,000 after purchasing an additional 186,705 shares in the last quarter. LPL Financial LLC increased its position in Vanguard Mega Cap Value ETF by 18.4% during the 3rd quarter. LPL Financial LLC now owns 737,689 shares of the company’s stock worth $74,802,000 after purchasing an additional 114,649 shares in the last quarter. Ameriprise Financial Inc. increased its position in Vanguard Mega Cap Value ETF by 13.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 872,199 shares of the company’s stock worth $88,431,000 after purchasing an additional 100,204 shares in the last quarter. SG Americas Securities LLC acquired a new position in Vanguard Mega Cap Value ETF during the 4th quarter worth approximately $9,580,000. Finally, Sequoia Financial Advisors LLC increased its position in Vanguard Mega Cap Value ETF by 17.2% during the 4th quarter. Sequoia Financial Advisors LLC now owns 543,915 shares of the company’s stock worth $59,488,000 after purchasing an additional 79,958 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

MGV stock opened at $116.16 on Friday. The company has a 50 day simple moving average of $116.12 and a 200 day simple moving average of $109.68. The stock has a market cap of $7.13 billion, a price-to-earnings ratio of 18.51 and a beta of 0.68. Vanguard Mega Cap Value ETF has a 1 year low of $96.77 and a 1 year high of $119.69.

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.