Beacon Pointe Advisors LLC Acquires 595 Shares of Vanguard Mega Cap Value ETF $MGV

Beacon Pointe Advisors LLC lifted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 203,743 shares of the company’s stock after purchasing an additional 595 shares during the quarter. Beacon Pointe Advisors LLC owned 0.28% of Vanguard Mega Cap Value ETF worth $26,731,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Proathlete Wealth Management LLC bought a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter worth about $25,000. NorthRock Partners LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 100.0% during the 2nd quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 94 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new stake in shares of Vanguard Mega Cap Value ETF in the first quarter worth approximately $28,000. WFA Asset Management Corp bought a new stake in shares of Vanguard Mega Cap Value ETF in the second quarter worth approximately $32,000. Finally, Clearstead Trust LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the second quarter valued at approximately $33,000.

Vanguard Mega Cap Value ETF Trading Down 0.7%

Shares of MGV stock opened at $139.79 on Tuesday. Vanguard Mega Cap Value ETF has a 12-month low of $112.25 and a 12-month high of $140.88. The firm’s 50 day moving average is $137.90 and its 200 day moving average is $133.80. The stock has a market capitalization of $10.39 billion, a P/E ratio of 18.48 and a beta of 0.80.

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.