JFG Wealth Management LLC Invests $650,000 in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

JFG Wealth Management LLC bought a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 5,205 shares of the company’s stock, valued at approximately $650,000.

Several other institutional investors and hedge funds also recently bought and sold shares of MGV. Financial Life Planners bought a new position in shares of Vanguard Mega Cap Value ETF in the fourth quarter worth about $34,000. Angeles Wealth Management LLC purchased a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter worth approximately $46,000. Tanglewood Legacy Advisors LLC bought a new stake in Vanguard Mega Cap Value ETF during the 4th quarter worth approximately $54,000. WFA Asset Management Corp lifted its holdings in Vanguard Mega Cap Value ETF by 93.5% during the third quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock valued at $61,000 after purchasing an additional 229 shares in the last quarter. Finally, Planning Capital Management Corp bought a new position in shares of Vanguard Mega Cap Value ETF in the third quarter worth approximately $85,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $131.38 on Wednesday. The stock has a market cap of $8.82 billion, a PE ratio of 20.60 and a beta of 0.86. Vanguard Mega Cap Value ETF has a 1 year low of $113.36 and a 1 year high of $133.82. The firm has a fifty day moving average price of $128.55 and a 200-day moving average price of $128.29.

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.