Concurrent Investment Advisors LLC Grows Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Concurrent Investment Advisors LLC grew its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,500 shares of the company’s stock after purchasing an additional 1,222 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of MGV. United Advisor Group LLC bought a new position in Vanguard Mega Cap Value ETF in the 3rd quarter worth approximately $1,534,000. Hazlett Burt & Watson Inc. lifted its holdings in shares of Vanguard Mega Cap Value ETF by 6.2% in the third quarter. Hazlett Burt & Watson Inc. now owns 16,685 shares of the company’s stock worth $2,142,000 after buying an additional 972 shares in the last quarter. WFA Asset Management Corp boosted its position in shares of Vanguard Mega Cap Value ETF by 93.5% during the third quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock worth $61,000 after acquiring an additional 229 shares during the last quarter. Angeles Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF during the third quarter valued at $46,000. Finally, Clear Creek Financial Management LLC bought a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter valued at $232,000.

Vanguard Mega Cap Value ETF Stock Down 0.4 %

MGV opened at $130.69 on Friday. The company has a market capitalization of $8.10 billion, a PE ratio of 18.88 and a beta of 0.66. The firm has a 50-day simple moving average of $127.72 and a two-hundred day simple moving average of $122.52. Vanguard Mega Cap Value ETF has a 52 week low of $100.14 and a 52 week high of $131.45.

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.