Horizon Investment Services LLC Raises Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Horizon Investment Services LLC raised its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,006 shares of the company’s stock after purchasing an additional 192 shares during the quarter. Horizon Investment Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,124,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of MGV. Financial Life Planners acquired a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter worth approximately $34,000. Tanglewood Legacy Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF during the fourth quarter worth $54,000. Mascoma Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF during the fourth quarter worth $74,000. Sachetta LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the fourth quarter valued at $95,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at $108,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of Vanguard Mega Cap Value ETF stock opened at $127.29 on Friday. The stock has a market capitalization of $8.77 billion, a price-to-earnings ratio of 20.13 and a beta of 0.85. The business has a 50-day moving average of $130.11 and a 200 day moving average of $128.93. Vanguard Mega Cap Value ETF has a 12 month low of $113.36 and a 12 month high of $133.82.

Vanguard Mega Cap Value ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued a $0.6838 dividend. The ex-dividend date is Thursday, March 27th.

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.