Annapolis Financial Services LLC Buys 10,954 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Annapolis Financial Services LLC lifted its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 19.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 68,105 shares of the company’s stock after acquiring an additional 10,954 shares during the period. Vanguard Mega Cap Value ETF accounts for about 2.6% of Annapolis Financial Services LLC’s investment portfolio, making the stock its 13th largest position. Annapolis Financial Services LLC owned approximately 0.11% of Vanguard Mega Cap Value ETF worth $8,737,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Breakwater Capital Group raised its position in shares of Vanguard Mega Cap Value ETF by 39.6% in the third quarter. Breakwater Capital Group now owns 63,657 shares of the company’s stock valued at $8,166,000 after purchasing an additional 18,046 shares during the period. Raymond James & Associates lifted its position in Vanguard Mega Cap Value ETF by 2.9% during the 2nd quarter. Raymond James & Associates now owns 506,821 shares of the company’s stock worth $60,058,000 after acquiring an additional 14,355 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Vanguard Mega Cap Value ETF by 89.8% during the second quarter. Bank of New York Mellon Corp now owns 3,970 shares of the company’s stock valued at $470,000 after acquiring an additional 1,878 shares during the period. &PARTNERS grew its position in shares of Vanguard Mega Cap Value ETF by 39.1% in the second quarter. &PARTNERS now owns 4,986 shares of the company’s stock valued at $591,000 after purchasing an additional 1,402 shares during the last quarter. Finally, Brookstone Capital Management bought a new position in shares of Vanguard Mega Cap Value ETF in the first quarter worth about $459,000.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV opened at $130.81 on Thursday. The stock has a 50-day simple moving average of $126.20 and a 200 day simple moving average of $121.24. Vanguard Mega Cap Value ETF has a twelve month low of $96.77 and a twelve month high of $130.92. The stock has a market capitalization of $8.11 billion, a PE 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.