Breakwater Capital Group Boosts Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Breakwater Capital Group raised its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 19.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,929 shares of the company’s stock after purchasing an additional 12,272 shares during the period. Vanguard Mega Cap Value ETF accounts for 1.9% of Breakwater Capital Group’s investment portfolio, making the stock its 9th biggest position. Breakwater Capital Group owned about 0.12% of Vanguard Mega Cap Value ETF worth $9,484,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Brookstone Capital Management grew its holdings in shares of Vanguard Mega Cap Value ETF by 10.9% during the fourth quarter. Brookstone Capital Management now owns 3,971 shares of the company’s stock worth $496,000 after purchasing an additional 389 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Vanguard Mega Cap Value ETF by 350.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 32,706 shares of the company’s stock valued at $4,195,000 after purchasing an additional 25,445 shares during the last quarter. Garden State Investment Advisory Services LLC grew its stake in Vanguard Mega Cap Value ETF by 17.3% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 2,710 shares of the company’s stock worth $348,000 after buying an additional 400 shares in the last quarter. Boulder Wealth Advisors LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the 3rd quarter worth $320,000. Finally, Synovus Financial Corp purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at $676,000.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV opened at $124.77 on Tuesday. Vanguard Mega Cap Value ETF has a 52-week low of $107.85 and a 52-week high of $133.82. The company has a fifty day moving average of $128.61 and a 200-day moving average of $126.13. The company has a market capitalization of $7.73 billion, a P/E ratio of 18.88 and a beta of 0.66.

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.