Breakwater Capital Group Acquires 4,323 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Breakwater Capital Group boosted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 14.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,895 shares of the company’s stock after buying an additional 4,323 shares during the quarter. Vanguard Mega Cap Value ETF makes up approximately 1.0% of Breakwater Capital Group’s investment portfolio, making the stock its 21st largest position. Breakwater Capital Group’s holdings in Vanguard Mega Cap Value ETF were worth $4,051,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Life Planning Partners Inc acquired a new stake in Vanguard Mega Cap Value ETF during the 4th quarter valued at approximately $25,000. Chilton Capital Management LLC acquired a new stake in Vanguard Mega Cap Value ETF during the 4th quarter valued at approximately $26,000. Principal Securities Inc. acquired a new stake in Vanguard Mega Cap Value ETF during the 4th quarter valued at approximately $44,000. Northwest Financial Advisors acquired a new stake in Vanguard Mega Cap Value ETF during the 4th quarter valued at approximately $46,000. Finally, Bare Financial Services Inc acquired a new stake in Vanguard Mega Cap Value ETF during the 4th quarter valued at approximately $51,000.

Vanguard Mega Cap Value ETF Trading Up 0.3 %

NYSEARCA:MGV traded up $0.37 on Friday, reaching $118.50. 360,620 shares of the stock traded hands, compared to its average volume of 172,264. The firm has a market capitalization of $7.34 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. The company’s 50 day moving average is $118.00 and its 200-day moving average is $114.88. Vanguard Mega Cap Value ETF has a 1-year low of $96.77 and a 1-year high of $120.78.

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.