Prosperity Consulting Group LLC Purchases 3,621 Shares of Vanguard Mega Cap Value ETF $MGV

Prosperity Consulting Group LLC lifted its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 373,096 shares of the company’s stock after purchasing an additional 3,621 shares during the quarter. Vanguard Mega Cap Value ETF comprises about 2.4% of Prosperity Consulting Group LLC’s holdings, making the stock its 7th biggest holding. Prosperity Consulting Group LLC’s holdings in Vanguard Mega Cap Value ETF were worth $54,080,000 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 the company. Assetmark Inc. raised its stake in Vanguard Mega Cap Value ETF by 2.1% during the fourth quarter. Assetmark Inc. now owns 15,430,686 shares of the company’s stock worth $2,178,196,000 after purchasing an additional 312,445 shares during the period. Bank of America Corp DE boosted its holdings in Vanguard Mega Cap Value ETF by 7.9% in the 2nd quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock valued at $575,265,000 after purchasing an additional 319,194 shares during the last quarter. UBS Group AG grew its stake in shares of Vanguard Mega Cap Value ETF by 2.6% in the 4th quarter. UBS Group AG now owns 1,799,402 shares of the company’s stock valued at $254,004,000 after buying an additional 45,410 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Vanguard Mega Cap Value ETF by 2.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,743,113 shares of the company’s stock valued at $228,634,000 after buying an additional 42,570 shares during the period. Finally, Merit Financial Group LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 51.7% during the 4th quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock worth $178,111,000 after buying an additional 429,853 shares during the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $162.70 on Friday. The company has a market capitalization of $13.12 billion, a P/E ratio of 18.48 and a beta of 0.72. The company has a 50 day simple moving average of $160.02 and a 200-day simple moving average of $152.42. Vanguard Mega Cap Value ETF has a 1 year low of $128.84 and a 1 year high of $166.02.

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.