Marmo Financial Group LLC Lowers Stock Holdings in Vanguard Mega Cap Value ETF $MGV

Marmo Financial Group LLC cut its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 10.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 150,103 shares of the company’s stock after selling 18,021 shares during the quarter. Vanguard Mega Cap Value ETF comprises about 10.0% of Marmo Financial Group LLC’s portfolio, making the stock its 3rd biggest holding. Marmo Financial Group LLC owned approximately 0.20% of Vanguard Mega Cap Value ETF worth $20,675,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Visionary Wealth Advisors grew its stake in shares of Vanguard Mega Cap Value ETF by 1.0% in the second quarter. Visionary Wealth Advisors now owns 8,107 shares of the company’s stock valued at $1,064,000 after acquiring an additional 82 shares in the last quarter. Betterment LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 3.4% during the second quarter. Betterment LLC now owns 2,730 shares of the company’s stock worth $358,000 after purchasing an additional 90 shares during the period. NorthRock Partners LLC raised its position in shares of Vanguard Mega Cap Value ETF by 100.0% in the second quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock valued at $25,000 after buying an additional 94 shares in the last quarter. Apollon Wealth Management LLC boosted its stake in shares of Vanguard Mega Cap Value ETF by 5.9% in the third quarter. Apollon Wealth Management LLC now owns 1,792 shares of the company’s stock valued at $247,000 after buying an additional 100 shares during the period. Finally, Bartlett & CO. Wealth Management LLC grew its position in Vanguard Mega Cap Value ETF by 22.5% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 583 shares of the company’s stock worth $77,000 after buying an additional 107 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $145.53 on Friday. The business has a fifty day moving average price of $140.32 and a two-hundred day moving average price of $136.64. The stock has a market capitalization of $11.07 billion, a PE ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a fifty-two week low of $112.25 and a fifty-two week high of $145.76.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.