Harbour Investments Inc. Has $19.83 Million Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Harbour Investments Inc. lessened its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 158,740 shares of the company’s stock after selling 1,512 shares during the quarter. Vanguard Mega Cap Value ETF accounts for approximately 0.6% of Harbour Investments Inc.’s investment portfolio, making the stock its 29th biggest position. Harbour Investments Inc. owned about 0.26% of Vanguard Mega Cap Value ETF worth $19,828,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of MGV. Wealthfront Advisers LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 40,868.2% in the 4th quarter. Wealthfront Advisers LLC now owns 27,161,100 shares of the company’s stock valued at $3,392,693,000 after purchasing an additional 27,094,802 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at $84,153,000. World Investment Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at $59,884,000. Assetmark Inc. boosted its holdings in shares of Vanguard Mega Cap Value ETF by 2.6% in the 4th quarter. Assetmark Inc. now owns 14,337,204 shares of the company’s stock valued at $1,790,860,000 after purchasing an additional 367,771 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 12,397.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 243,707 shares of the company’s stock valued at $30,441,000 after purchasing an additional 241,757 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV stock opened at $127.48 on Friday. The stock’s fifty day moving average price is $129.51 and its two-hundred day moving average price is $128.73. The company has a market cap of $8.64 billion, a PE ratio of 20.16 and a beta of 0.85. Vanguard Mega Cap Value ETF has a fifty-two week low of $113.36 and a fifty-two week high of $133.82.

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.