Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Purchased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 10.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,602 shares of the company’s stock after purchasing an additional 2,102 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,698,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Life Planners purchased a new position in Vanguard Mega Cap Value ETF in the 4th quarter worth $34,000. CENTRAL TRUST Co purchased a new position in Vanguard Mega Cap Value ETF in the 3rd quarter worth $40,000. Angeles Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF in the 3rd quarter worth $46,000. Tanglewood Legacy Advisors LLC purchased a new position in Vanguard Mega Cap Value ETF in the 4th quarter worth $54,000. Finally, WFA Asset Management Corp raised its stake in shares of Vanguard Mega Cap Value ETF by 93.5% during the 3rd quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock valued at $61,000 after buying an additional 229 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV opened at $130.90 on Friday. The stock has a 50-day simple moving average of $128.37 and a two-hundred day simple moving average of $127.91. The firm has a market capitalization of $8.79 billion, a P/E ratio of 20.60 and a beta of 0.86. Vanguard Mega Cap Value ETF has a fifty-two week low of $113.36 and a fifty-two week high of $133.82.

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.