Planning Capital Management Corp Takes $85,000 Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Planning Capital Management Corp bought a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 666 shares of the company’s stock, valued at approximately $85,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Naples Money Management LLC boosted its stake in Vanguard Mega Cap Value ETF by 1.4% during the 2nd quarter. Naples Money Management LLC now owns 6,253 shares of the company’s stock valued at $739,000 after purchasing an additional 88 shares during the last quarter. M3 Advisory Group LLC boosted its stake in Vanguard Mega Cap Value ETF by 5.7% during the 2nd quarter. M3 Advisory Group LLC now owns 1,954 shares of the company’s stock valued at $232,000 after purchasing an additional 105 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in Vanguard Mega Cap Value ETF by 5.5% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,075 shares of the company’s stock valued at $266,000 after purchasing an additional 108 shares during the last quarter. Sonoma Private Wealth LLC boosted its stake in Vanguard Mega Cap Value ETF by 4.7% during the 3rd quarter. Sonoma Private Wealth LLC now owns 2,832 shares of the company’s stock valued at $363,000 after purchasing an additional 126 shares during the last quarter. Finally, Global Trust Asset Management LLC boosted its stake in Vanguard Mega Cap Value ETF by 4.0% during the 2nd quarter. Global Trust Asset Management LLC now owns 4,135 shares of the company’s stock valued at $490,000 after purchasing an additional 160 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $130.99 on Thursday. The company has a market capitalization of $8.12 billion, a P/E ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 52-week low of $102.14 and a 52-week high of $132.39. The business has a 50-day simple moving average of $128.07 and a two-hundred day simple moving average of $122.99.

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.