Horizon Investment Services LLC Raises Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Horizon Investment Services LLC grew its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 17,006 shares of the company’s stock after buying an additional 192 shares during the quarter. Horizon Investment Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,124,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Financial Life Planners acquired a new position in Vanguard Mega Cap Value ETF during the 4th quarter worth approximately $34,000. Tanglewood Legacy Advisors LLC purchased a new position in Vanguard Mega Cap Value ETF in the fourth quarter valued at $54,000. Mascoma Wealth Management LLC acquired a new stake in Vanguard Mega Cap Value ETF in the fourth quarter valued at $74,000. Sachetta LLC purchased a new stake in Vanguard Mega Cap Value ETF during the 4th quarter worth about $95,000. Finally, Legacy Investment Solutions LLC acquired a new position in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth about $108,000.

Vanguard Mega Cap Value ETF Stock Performance

MGV opened at $127.29 on Friday. Vanguard Mega Cap Value ETF has a one year low of $113.36 and a one year high of $133.82. The company has a market cap of $8.77 billion, a P/E ratio of 20.13 and a beta of 0.85. The business’s 50-day simple moving average is $130.11 and its 200-day simple moving average is $128.93.

Vanguard Mega Cap Value ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.6838 per share. The ex-dividend date of this dividend is Thursday, March 27th.

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.