Brookstone Capital Management Acquires 389 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Brookstone Capital Management grew its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 10.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,971 shares of the company’s stock after purchasing an additional 389 shares during the quarter. Brookstone Capital Management’s holdings in Vanguard Mega Cap Value ETF were worth $496,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of MGV. Assetmark Inc. boosted its holdings in shares of 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 buying an additional 548,728 shares during the period. PNC Financial Services Group Inc. boosted its holdings in 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 valued at $161,730,000 after acquiring an additional 11,338 shares during the period. Black Diamond Financial LLC grew 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 purchasing an additional 73,246 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 1.6% in the third quarter. Sequoia Financial Advisors LLC now owns 646,158 shares of the company’s stock worth $82,889,000 after purchasing an additional 10,362 shares during the period. Finally, Raymond James & Associates increased its stake in shares of Vanguard Mega Cap Value ETF by 3.4% in the third quarter. Raymond James & Associates now owns 524,029 shares of the company’s stock worth $67,222,000 after purchasing an additional 17,208 shares during the period.

Vanguard Mega Cap Value ETF Trading Up 0.7 %

MGV opened at $128.75 on Friday. The business has a 50 day moving average of $128.38 and a 200-day moving average of $126.27. 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 1-year low of $107.85 and a 1-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.