Breakwater Investment Management Sells 963 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Breakwater Investment Management lessened its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.8% during the 4th quarter, Holdings Channel reports. The fund owned 33,120 shares of the company’s stock after selling 963 shares during the period. Vanguard Mega Cap Value ETF comprises approximately 1.7% of Breakwater Investment Management’s holdings, making the stock its 17th largest position. Breakwater Investment Management’s holdings in Vanguard Mega Cap Value ETF were worth $4,137,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in shares of Vanguard Mega Cap Value ETF by 5.5% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,075 shares of the company’s stock worth $266,000 after purchasing an additional 108 shares during the last quarter. Continuum Advisory LLC raised its holdings in Vanguard Mega Cap Value ETF by 3.8% in the third quarter. Continuum Advisory LLC now owns 3,448 shares of the company’s stock worth $449,000 after purchasing an additional 125 shares in the last quarter. Sonoma Private Wealth LLC lifted its position in shares of Vanguard Mega Cap Value ETF by 4.7% during the third quarter. Sonoma Private Wealth LLC now owns 2,832 shares of the company’s stock valued at $363,000 after buying an additional 126 shares during the last quarter. O ROURKE & COMPANY Inc boosted its holdings in shares of Vanguard Mega Cap Value ETF by 3.4% in the 3rd quarter. O ROURKE & COMPANY Inc now owns 5,117 shares of the company’s stock valued at $656,000 after buying an additional 166 shares in the last quarter. Finally, Bank of Montreal Can grew its position in shares of Vanguard Mega Cap Value ETF by 2.3% in the 2nd quarter. Bank of Montreal Can now owns 7,660 shares of the company’s stock worth $917,000 after buying an additional 174 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.7 %

NYSEARCA:MGV opened at $128.75 on Tuesday. The stock has a market capitalization of $7.98 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 52 week low of $107.85 and a 52 week high of $133.82. The firm has a 50 day moving average of $128.38 and a 200 day moving average of $126.38.

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.