Colorado Capital Management Inc. Boosts Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Colorado Capital Management Inc. grew its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 82.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,530 shares of the company’s stock after buying an additional 11,502 shares during the period. Vanguard Mega Cap Value ETF accounts for 1.5% of Colorado Capital Management Inc.’s investment portfolio, making the stock its 26th biggest position. Colorado Capital Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $3,189,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. Assetmark Inc. increased its position in Vanguard Mega Cap Value ETF by 4.1% during the 3rd quarter. Assetmark Inc. now owns 13,969,433 shares of the company’s stock worth $1,791,999,000 after purchasing an additional 548,728 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Vanguard Mega Cap Value ETF by 0.9% during the third quarter. PNC Financial Services Group Inc. now owns 1,260,757 shares of the company’s stock worth $161,730,000 after buying an additional 11,338 shares in the last quarter. Black Diamond Financial LLC raised its position in shares of Vanguard Mega Cap Value ETF by 11.9% in the third quarter. Black Diamond Financial LLC now owns 690,138 shares of the company’s stock valued at $88,537,000 after buying an additional 73,246 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 1.6% during the third quarter. Sequoia Financial Advisors LLC now owns 646,158 shares of the company’s stock valued at $82,889,000 after buying an additional 10,362 shares during the period. Finally, Merit Financial Group LLC boosted its position in Vanguard Mega Cap Value ETF by 7.8% during the fourth quarter. Merit Financial Group LLC now owns 582,474 shares of the company’s stock worth $72,757,000 after acquiring an additional 42,119 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $128.75 on Tuesday. The company has a 50 day moving average price of $128.38 and a two-hundred day moving average price of $126.38. The stock has a market capitalization of $7.98 billion, a P/E ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a one year low of $107.85 and a one year high of $133.82.

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.