Colton Groome Financial Advisors LLC Takes Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Colton Groome Financial Advisors LLC acquired a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 3,862 shares of the company’s stock, valued at approximately $422,000.

Several other large investors have also modified their holdings of the business. Moneta Group Investment Advisors LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 102,564.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,950,190 shares of the company’s stock valued at $1,126,227,000 after purchasing an additional 10,939,524 shares during the last quarter. Morgan Stanley raised its holdings in shares of Vanguard Mega Cap Value ETF by 7.6% in the 3rd quarter. Morgan Stanley now owns 2,656,447 shares of the company’s stock valued at $269,364,000 after buying an additional 186,705 shares during the period. Lincoln National Corp raised its holdings in shares of Vanguard Mega Cap Value ETF by 2.6% in the 3rd quarter. Lincoln National Corp now owns 1,925,858 shares of the company’s stock valued at $195,282,000 after buying an additional 48,882 shares during the period. UBS Group AG raised its holdings in shares of Vanguard Mega Cap Value ETF by 3.7% in the 1st quarter. UBS Group AG now owns 1,396,097 shares of the company’s stock valued at $149,829,000 after buying an additional 50,351 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of Vanguard Mega Cap Value ETF by 15.6% in the 1st quarter. Ameriprise Financial Inc. now owns 899,053 shares of the company’s stock valued at $90,817,000 after buying an additional 121,578 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV stock traded up $0.13 on Thursday, hitting $113.74. The stock had a trading volume of 271,239 shares, compared to its average volume of 176,974. The company’s 50 day moving average price is $115.74 and its 200-day moving average price is $109.09. Vanguard Mega Cap Value ETF has a 1 year low of $96.77 and a 1 year high of $119.69. The firm has a market capitalization of $6.98 billion, a P/E ratio of 18.58 and a beta of 0.86.

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.