Beacon Pointe Advisors LLC Boosts Position in Vanguard Mega Cap Value ETF $MGV

Beacon Pointe Advisors LLC raised its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 203,743 shares of the company’s stock after buying an additional 595 shares during the period. Beacon Pointe Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $26,731,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Addison Advisors LLC raised its position in Vanguard Mega Cap Value ETF by 9.9% during the 2nd quarter. Addison Advisors LLC now owns 4,265 shares of the company’s stock valued at $560,000 after purchasing an additional 385 shares in the last quarter. Avior Wealth Management LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 8.7% during the second quarter. Avior Wealth Management LLC now owns 135,528 shares of the company’s stock valued at $17,783,000 after buying an additional 10,792 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in shares of Vanguard Mega Cap Value ETF during the second quarter valued at $758,000. Mayfair Advisory Group LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the second quarter valued at about $2,927,000. Finally, Welch Group LLC lifted its stake in Vanguard Mega Cap Value ETF by 11.5% in the second quarter. Welch Group LLC now owns 3,147 shares of the company’s stock worth $413,000 after acquiring an additional 325 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of Vanguard Mega Cap Value ETF stock opened at $139.79 on Tuesday. The stock has a market cap of $10.39 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80. The firm’s 50-day moving average is $137.90 and its two-hundred day moving average is $133.80. Vanguard Mega Cap Value ETF has a 1 year low of $112.25 and a 1 year high of $140.88.

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.