Concurrent Investment Advisors LLC Raises Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Concurrent Investment Advisors LLC lifted its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,500 shares of the company’s stock after buying an additional 1,222 shares during the period. Concurrent Investment Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,501,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Naples Money Management LLC increased its stake in Vanguard Mega Cap Value ETF by 1.4% in the 2nd quarter. Naples Money Management LLC now owns 6,253 shares of the company’s stock worth $739,000 after acquiring an additional 88 shares during the last quarter. M3 Advisory Group LLC increased its position in shares of Vanguard Mega Cap Value ETF by 5.7% in the second quarter. M3 Advisory Group LLC now owns 1,954 shares of the company’s stock valued at $232,000 after acquiring an additional 105 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in 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 valued at $266,000 after purchasing an additional 108 shares during the last quarter. Sonoma Private Wealth LLC increased its position in Vanguard Mega Cap Value ETF by 4.7% during the 3rd quarter. Sonoma Private Wealth LLC now owns 2,832 shares of the company’s stock valued at $363,000 after purchasing an additional 126 shares during the period. Finally, Global Trust Asset Management LLC lifted its position in shares of Vanguard Mega Cap Value ETF by 4.0% in the 2nd quarter. Global Trust Asset Management LLC now owns 4,135 shares of the company’s stock worth $490,000 after purchasing an additional 160 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

MGV stock opened at $130.69 on Friday. The company has a market cap of $8.10 billion, a P/E ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 1 year low of $100.14 and a 1 year high of $131.45. The stock’s fifty day moving average price is $127.72 and its 200-day moving average price is $122.52.

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.