WT Wealth Management Makes New $1.55 Million Investment in Vanguard Mega Cap Value ETF $MGV

WT Wealth Management bought a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 10,670 shares of the company’s stock, valued at approximately $1,547,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Breakwater Capital Group increased its position in Vanguard Mega Cap Value ETF by 11.4% in the fourth quarter. Breakwater Capital Group now owns 146,115 shares of the company’s stock worth $20,626,000 after buying an additional 14,981 shares during the period. Amara Financial LLC. boosted its holdings in shares of Vanguard Mega Cap Value ETF by 8.6% during the fourth quarter. Amara Financial LLC. now owns 57,216 shares of the company’s stock valued at $8,077,000 after acquiring an additional 4,520 shares during the period. Sheridan Capital Management LLC grew its position in shares of Vanguard Mega Cap Value ETF by 4.3% during the fourth quarter. Sheridan Capital Management LLC now owns 144,775 shares of the company’s stock worth $20,437,000 after acquiring an additional 6,035 shares during the last quarter. Colorado Capital Management Inc. grew its position in shares of Vanguard Mega Cap Value ETF by 18.7% during the fourth quarter. Colorado Capital Management Inc. now owns 45,428 shares of the company’s stock worth $6,413,000 after acquiring an additional 7,160 shares during the last quarter. Finally, Bright Futures Wealth Management LLC. acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter worth about $598,000.

Vanguard Mega Cap Value ETF Stock Down 1.1%

Shares of NYSEARCA:MGV opened at $163.20 on Friday. The company has a market cap of $12.70 billion, a PE ratio of 18.48 and a beta of 0.73. The company’s 50-day moving average price is $156.54 and its 200 day moving average price is $150.21. Vanguard Mega Cap Value ETF has a fifty-two week low of $128.84 and a fifty-two week high of $166.02.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.