Vanguard Mega Cap Value ETF $MGV is Breakwater Capital Group’s 5th Largest Position

Breakwater Capital Group grew its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 22.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 131,134 shares of the company’s stock after acquiring an additional 23,966 shares during the period. Vanguard Mega Cap Value ETF comprises about 2.7% of Breakwater Capital Group’s investment portfolio, making the stock its 5th biggest holding. Breakwater Capital Group’s holdings in Vanguard Mega Cap Value ETF were worth $18,062,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MGV. Visionary Wealth Advisors boosted its holdings in 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 purchasing an additional 82 shares during the last quarter. Betterment LLC raised its position in shares of Vanguard Mega Cap Value ETF by 3.4% in the 2nd quarter. Betterment LLC now owns 2,730 shares of the company’s stock valued at $358,000 after purchasing an additional 90 shares in the last quarter. NorthRock Partners LLC raised its position in shares of Vanguard Mega Cap Value ETF by 100.0% in the 2nd quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock valued at $25,000 after purchasing 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% during the 3rd 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 last quarter. Finally, Richardson Financial Services Inc. grew its position in shares of Vanguard Mega Cap Value ETF by 2.8% during the third quarter. Richardson Financial Services Inc. now owns 4,589 shares of the company’s stock worth $632,000 after buying an additional 126 shares in the last quarter.

Vanguard Mega Cap Value ETF Trading Up 1.9%

Shares of NYSEARCA:MGV opened at $153.18 on Monday. The company has a fifty day simple moving average of $144.19 and a 200 day simple moving average of $138.88. The firm has a market cap of $11.65 billion, a PE ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a 12-month low of $112.25 and a 12-month high of $153.37.

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.