Beacon Capital Management LLC Grows Stock Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Beacon Capital Management LLC grew its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 339.6% during the first quarter, Holdings Channel.com reports. The fund owned 444 shares of the company’s stock after purchasing an additional 343 shares during the quarter. Beacon Capital Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $57,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Ameriflex Group Inc. bought a new position in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth $29,000. Allianz SE purchased a new stake in Vanguard Mega Cap Value ETF in the fourth quarter worth about $38,000. Coppell Advisory Solutions LLC grew its holdings in Vanguard Mega Cap Value ETF by 316.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 329 shares of the company’s stock worth $41,000 after acquiring an additional 250 shares in the last quarter. TD Waterhouse Canada Inc. increased its position in Vanguard Mega Cap Value ETF by 144.9% during the 4th quarter. TD Waterhouse Canada Inc. now owns 338 shares of the company’s stock valued at $42,000 after purchasing an additional 200 shares during the period. Finally, Mpwm Advisory Solutions LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at about $64,000.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV opened at $128.38 on Thursday. The company has a 50 day moving average price of $125.13 and a 200-day moving average price of $127.09. Vanguard Mega Cap Value ETF has a fifty-two week low of $112.25 and a fifty-two week high of $133.82. The stock has a market capitalization of $9.27 billion, a PE ratio of 18.98 and a beta of 0.80.

About Vanguard Mega Cap Value ETF

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.