Blue Edge Capital LLC Takes Position in Vanguard Mega Cap Value ETF $MGV

Blue Edge Capital LLC acquired a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 158,930 shares of the company’s stock, valued at approximately $25,977,000. Vanguard Mega Cap Value ETF comprises about 3.1% of Blue Edge Capital LLC’s holdings, making the stock its 7th biggest holding.

Several other large investors have also recently bought and sold shares of MGV. Kentucky Trust Co acquired a new position in shares of Vanguard Mega Cap Value ETF in the second quarter valued at approximately $29,000. Ascentis Independent Advisors bought a new stake in Vanguard Mega Cap Value ETF during the 1st quarter worth approximately $26,000. Tucker Asset Management LLC acquired a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $26,000. Bay Harbor Wealth Management LLC acquired a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $33,000. Finally, Key Financial Inc raised its stake in shares of Vanguard Mega Cap Value ETF by 511.1% during the fourth quarter. Key Financial Inc now owns 275 shares of the company’s stock valued at $39,000 after acquiring an additional 230 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.6%

Shares of MGV opened at $167.32 on Friday. The stock’s 50-day moving average price is $164.90 and its two-hundred day moving average price is $156.60. Vanguard Mega Cap Value ETF has a 12 month low of $133.33 and a 12 month high of $169.84. The company has a market capitalization of $13.49 billion, a PE ratio of 18.48 and a beta of 0.72.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.