Breakwater Capital Group Acquires 26,692 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Breakwater Capital Group lifted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 35.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,621 shares of the company’s stock after purchasing an additional 26,692 shares during the quarter. Vanguard Mega Cap Value ETF accounts for approximately 2.4% of Breakwater Capital Group’s investment portfolio, making the stock its 8th biggest holding. Breakwater Capital Group’s holdings in Vanguard Mega Cap Value ETF were worth $13,222,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Principal Securities Inc. boosted its holdings in shares of Vanguard Mega Cap Value ETF by 16.5% in the 4th quarter. Principal Securities Inc. now owns 2,272 shares of the company’s stock valued at $284,000 after buying an additional 321 shares during the last quarter. Jane Street Group LLC acquired a new stake in Vanguard Mega Cap Value ETF in the fourth quarter valued at $713,000. Apollon Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at about $211,000. Stratos Wealth Partners LTD. increased its stake in shares of Vanguard Mega Cap Value ETF by 28.6% during the 4th quarter. Stratos Wealth Partners LTD. now owns 4,263 shares of the company’s stock worth $533,000 after purchasing an additional 948 shares during the last quarter. Finally, Bank of Montreal Can raised its holdings in shares of Vanguard Mega Cap Value ETF by 2.4% in the 4th quarter. Bank of Montreal Can now owns 8,346 shares of the company’s stock valued at $1,042,000 after purchasing an additional 199 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV opened at $127.15 on Thursday. Vanguard Mega Cap Value ETF has a 52-week low of $112.25 and a 52-week high of $133.82. The company has a market capitalization of $9.04 billion, a P/E ratio of 19.08 and a beta of 0.81. The company has a 50-day simple moving average of $123.79 and a 200 day simple moving average of $127.31.

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.