Colorado Capital Management Inc. Grows Position in Vanguard Mega Cap Value ETF $MGV

Colorado Capital Management Inc. boosted its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 11.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,268 shares of the company’s stock after purchasing an additional 4,049 shares during the period. Vanguard Mega Cap Value ETF comprises 2.0% of Colorado Capital Management Inc.’s holdings, making the stock its 17th biggest holding. Colorado Capital Management Inc. owned approximately 0.05% of Vanguard Mega Cap Value ETF worth $5,271,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. purchased a new position in shares of Vanguard Mega Cap Value ETF during the third quarter valued at approximately $201,000. HB Wealth Management LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 9.0% during the 3rd quarter. HB Wealth Management LLC now owns 97,717 shares of the company’s stock worth $13,460,000 after acquiring an additional 8,100 shares during the last quarter. Strategic Blueprint LLC boosted its holdings in Vanguard Mega Cap Value ETF by 29.3% during the 3rd quarter. Strategic Blueprint LLC now owns 2,558 shares of the company’s stock valued at $352,000 after acquiring an additional 580 shares during the period. Pachira Investments Inc. grew its position in Vanguard Mega Cap Value ETF by 16.2% in the 3rd quarter. Pachira Investments Inc. now owns 74,064 shares of the company’s stock valued at $10,202,000 after acquiring an additional 10,311 shares during the last quarter. Finally, Capital & Planning LLC increased its stake in Vanguard Mega Cap Value ETF by 0.9% in the third quarter. Capital & Planning LLC now owns 59,519 shares of the company’s stock worth $8,240,000 after purchasing an additional 555 shares during the period.

Vanguard Mega Cap Value ETF Trading Up 0.8%

NYSEARCA:MGV opened at $144.62 on Friday. The company has a market cap of $11.00 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $145.35. The stock has a fifty day simple moving average of $140.15 and a 200-day simple moving average of $136.48.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.