Colton Groome Financial Advisors LLC Has $631,000 Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Colton Groome Financial Advisors LLC boosted its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 36.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,283 shares of the company’s stock after purchasing an additional 1,421 shares during the quarter. Colton Groome Financial Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $631,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in MGV. Tower Research Capital LLC TRC raised its stake in shares of Vanguard Mega Cap Value ETF by 95.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 6,486 shares of the company’s stock valued at $658,000 after buying an additional 3,165 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Vanguard Mega Cap Value ETF by 13.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 872,199 shares of the company’s stock valued at $88,431,000 after buying an additional 100,204 shares in the last quarter. Lido Advisors LLC acquired a new position in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at $258,000. Royal Bank of Canada raised its stake in shares of Vanguard Mega Cap Value ETF by 1.9% in the 3rd quarter. Royal Bank of Canada now owns 531,464 shares of the company’s stock valued at $53,891,000 after buying an additional 10,004 shares in the last quarter. Finally, Morgan Stanley raised its stake in shares of Vanguard Mega Cap Value ETF by 7.6% in the 3rd quarter. Morgan Stanley now owns 2,656,447 shares of the company’s stock valued at $269,364,000 after buying an additional 186,705 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV stock traded down $0.33 during mid-day trading on Monday, reaching $118.17. The company’s stock had a trading volume of 281,898 shares, compared to its average volume of 173,146. Vanguard Mega Cap Value ETF has a 1-year low of $96.77 and a 1-year high of $120.78. The company has a market cap of $7.32 billion, a P/E ratio of 18.88 and a beta of 0.66. The firm’s 50-day moving average is $118.00 and its two-hundred day moving average is $114.88.

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.