Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Acquired by Black Diamond Financial LLC

Black Diamond Financial LLC boosted its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 701,296 shares of the company’s stock after purchasing an additional 11,158 shares during the quarter. Vanguard Mega Cap Value ETF comprises 13.1% of Black Diamond Financial LLC’s investment portfolio, making the stock its biggest position. Black Diamond Financial LLC owned 1.13% of Vanguard Mega Cap Value ETF worth $87,599,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Financial Life Planners acquired a new position in Vanguard Mega Cap Value ETF in the fourth quarter valued at about $34,000. CENTRAL TRUST Co acquired a new position in Vanguard Mega Cap Value ETF during the third quarter worth about $40,000. Angeles Wealth Management LLC acquired a new position in Vanguard Mega Cap Value ETF during the third quarter worth about $46,000. Tanglewood Legacy Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF during the fourth quarter worth about $54,000. Finally, WFA Asset Management Corp raised its stake in 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 in the last quarter.

Vanguard Mega Cap Value ETF Trading Down 1.2 %

Shares of NYSEARCA MGV opened at $130.90 on Monday. The company has a market cap of $8.79 billion, a price-to-earnings ratio of 20.60 and a beta of 0.86. Vanguard Mega Cap Value ETF has a 12 month low of $113.36 and a 12 month high of $133.82. The stock has a 50-day moving average price of $128.42 and a two-hundred day moving average price of $128.14.

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.