Hazlett Burt & Watson Inc. Buys 972 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Hazlett Burt & Watson Inc. raised its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 16,685 shares of the company’s stock after acquiring an additional 972 shares during the period. Vanguard Mega Cap Value ETF comprises about 1.0% of Hazlett Burt & Watson Inc.’s investment portfolio, making the stock its 21st largest position. Hazlett Burt & Watson Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $2,142,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. LPL Financial LLC increased its position in Vanguard Mega Cap Value ETF by 53.1% during the 2nd quarter. LPL Financial LLC now owns 1,005,969 shares of the company’s stock valued at $119,207,000 after purchasing an additional 348,936 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard Mega Cap Value ETF by 11,467.1% in the 2nd quarter. Strategic Financial Concepts LLC now owns 240,132 shares of the company’s stock valued at $28,456,000 after purchasing an additional 238,056 shares during the last quarter. Redhawk Wealth Advisors Inc. acquired a new stake in shares of Vanguard Mega Cap Value ETF during the third quarter worth $25,554,000. MFA Wealth Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the third quarter worth $13,336,000. Finally, Marmo Financial Group LLC raised its stake in Vanguard Mega Cap Value ETF by 92.5% during the third quarter. Marmo Financial Group LLC now owns 161,053 shares of the company’s stock worth $20,660,000 after buying an additional 77,368 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.1 %

MGV traded up $0.13 during trading on Monday, reaching $126.77. 29,719 shares of the stock traded hands, compared to its average volume of 179,428. The stock’s 50-day moving average is $127.57 and its 200 day moving average is $122.28. Vanguard Mega Cap Value ETF has a 12 month low of $100.14 and a 12 month high of $131.09. The stock has a market capitalization of $7.86 billion, a PE ratio of 18.88 and a beta of 0.66.

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.