Colorado Capital Management Inc. Increases Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Colorado Capital Management Inc. boosted its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 82.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 25,530 shares of the company’s stock after acquiring an additional 11,502 shares during the quarter. Vanguard Mega Cap Value ETF comprises about 1.5% of Colorado Capital Management Inc.’s portfolio, making the stock its 26th largest position. Colorado Capital Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $3,189,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at $36,000. CENTRAL TRUST Co purchased a new stake in Vanguard Mega Cap Value ETF during the third quarter valued at about $40,000. Angeles Wealth Management LLC acquired a new stake in Vanguard Mega Cap Value ETF during the third quarter worth about $46,000. WFA Asset Management Corp raised its holdings in shares of Vanguard Mega Cap Value ETF by 93.5% in the 3rd quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock worth $61,000 after purchasing an additional 229 shares during the period. Finally, Concourse Financial Group Securities Inc. lifted its stake in shares of Vanguard Mega Cap Value ETF by 65.2% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 570 shares of the company’s stock valued at $73,000 after purchasing an additional 225 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV opened at $128.75 on Tuesday. Vanguard Mega Cap Value ETF has a 1 year low of $107.85 and a 1 year high of $133.82. The stock has a 50-day simple moving average of $128.38 and a 200-day simple moving average of $126.38. The stock has a market capitalization of $7.98 billion, a P/E ratio of 18.88 and a beta of 0.66.

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.