Amara Financial LLC. Buys Shares of 46,979 Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Amara Financial LLC. purchased a new position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 46,979 shares of the company’s stock, valued at approximately $6,027,000. Vanguard Mega Cap Value ETF accounts for about 5.8% of Amara Financial LLC.’s investment portfolio, making the stock its 5th biggest position.

Other hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC acquired a new stake in Vanguard Mega Cap Value ETF in the second quarter worth $30,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 2nd quarter worth about $34,000. Redmont Wealth Advisors LLC bought a new stake in Vanguard Mega Cap Value ETF in the 2nd quarter valued at about $35,000. Massmutual Trust Co. FSB ADV acquired a new position in Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $36,000. Finally, CENTRAL TRUST Co bought a new position in Vanguard Mega Cap Value ETF in the 3rd quarter worth about $40,000.

Vanguard Mega Cap Value ETF Trading Up 0.4 %

Shares of NYSEARCA:MGV opened at $130.14 on Tuesday. The firm’s 50 day moving average is $128.50 and its two-hundred day moving average is $123.41. The firm has a market capitalization of $8.06 billion, a P/E ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 52 week low of $103.28 and a 52 week high of $132.39.

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.