ETF Portfolio Partners Inc. Boosts Stake in Vanguard Mega Cap Value ETF $MGV

ETF Portfolio Partners Inc. increased its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.4% in the fourth quarter, Holdings Channel reports. The firm owned 174,812 shares of the company’s stock after buying an additional 4,108 shares during the quarter. Vanguard Mega Cap Value ETF accounts for approximately 6.4% of ETF Portfolio Partners Inc.’s holdings, making the stock its 4th biggest holding. ETF Portfolio Partners Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $24,677,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in shares of Vanguard Mega Cap Value ETF by 12.4% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 113,170 shares of the company’s stock valued at $15,588,000 after acquiring an additional 12,507 shares during the last quarter. Fingerlakes Wealth Management Inc. boosted its stake in Vanguard Mega Cap Value ETF by 15.3% during the 3rd quarter. Fingerlakes Wealth Management Inc. now owns 47,143 shares of the company’s stock worth $6,494,000 after acquiring an additional 6,260 shares during the last quarter. Breakwater Capital Group boosted its stake in Vanguard Mega Cap Value ETF by 11.4% during the 4th quarter. Breakwater Capital Group now owns 146,115 shares of the company’s stock worth $20,626,000 after acquiring an additional 14,981 shares during the last quarter. Brighton Jones LLC acquired a new position in Vanguard Mega Cap Value ETF during the third quarter valued at approximately $695,000. Finally, Bright Futures Wealth Management LLC. bought a new stake in Vanguard Mega Cap Value ETF in the third quarter valued at approximately $598,000.

Vanguard Mega Cap Value ETF Stock Performance

MGV opened at $145.47 on Friday. The firm’s fifty day moving average is $148.92 and its two-hundred day moving average is $143.15. The firm has a market cap of $11.26 billion, a PE 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 $154.03.

About Vanguard Mega Cap Value ETF

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.