Vanguard Mega Cap Value ETF $MGV Stock Acquired by Breakwater Capital Group

Breakwater Capital Group raised its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 164,589 shares of the company’s stock after buying an additional 5,722 shares during the period. Vanguard Mega Cap Value ETF comprises about 3.1% of Breakwater Capital Group’s investment portfolio, making the stock its 3rd biggest position. Breakwater Capital Group owned 0.20% of Vanguard Mega Cap Value ETF worth $26,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in MGV. Ascentis Independent Advisors purchased a new stake in Vanguard Mega Cap Value ETF during the first quarter valued at about $26,000. Kentucky Trust Co purchased a new position in shares of Vanguard Mega Cap Value ETF in the 2nd quarter worth about $29,000. Financial Life Planners bought a new position in shares of Vanguard Mega Cap Value ETF during the 1st quarter valued at about $40,000. Bullseye Investment Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter valued at about $40,000. Finally, Tower View Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the 1st quarter valued at about $58,000.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA:MGV opened at $163.22 on Friday. The business has a 50 day moving average of $165.79 and a 200 day moving average of $159.67. The company has a market capitalization of $13.66 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 1-year low of $135.26 and a 1-year high of $169.84.

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