Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Sold by Breakwater Investment Management

Breakwater Investment Management decreased its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,877 shares of the company’s stock after selling 243 shares during the period. Vanguard Mega Cap Value ETF makes up 1.8% of Breakwater Investment Management’s portfolio, making the stock its 17th biggest position. Breakwater Investment Management’s holdings in Vanguard Mega Cap Value ETF were worth $4,236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Principal Securities Inc. boosted its position in shares of Vanguard Mega Cap Value ETF by 16.5% in the fourth quarter. Principal Securities Inc. now owns 2,272 shares of the company’s stock worth $284,000 after buying an additional 321 shares during the period. Jane Street Group LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF in the fourth quarter worth about $713,000. Bank of Montreal Can boosted its position in shares of Vanguard Mega Cap Value ETF by 2.4% in the fourth quarter. Bank of Montreal Can now owns 8,346 shares of the company’s stock worth $1,042,000 after buying an additional 199 shares during the period. Truist Financial Corp boosted its position in shares of Vanguard Mega Cap Value ETF by 14.6% in the fourth quarter. Truist Financial Corp now owns 20,743 shares of the company’s stock worth $2,591,000 after buying an additional 2,640 shares during the period. Finally, Passumpsic Savings Bank boosted its position in shares of Vanguard Mega Cap Value ETF by 7.7% in the fourth quarter. Passumpsic Savings Bank now owns 11,601 shares of the company’s stock worth $1,449,000 after buying an additional 826 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $129.25 on Tuesday. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $133.82. The business has a 50-day moving average of $124.89 and a 200-day moving average of $127.07. The company has a market capitalization of $9.19 billion, a price-to-earnings ratio of 19.08 and a beta of 0.81.

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.