Oarsman Capital Inc. Invests $949,000 in Vanguard Mega Cap Value ETF $MGV

Oarsman Capital Inc. purchased a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,807 shares of the company’s stock, valued at approximately $949,000.

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

Vanguard Mega Cap Value ETF Price Performance

MGV stock opened at $167.29 on Monday. The company’s 50 day simple moving average is $165.00 and its 200-day simple moving average is $156.71. The firm 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 has a 12 month low of $133.33 and a 12 month high of $169.84.

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.