Harbour Investments Inc. Purchases 10,468 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Harbour Investments Inc. boosted its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 7.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 160,252 shares of the company’s stock after acquiring an additional 10,468 shares during the period. Vanguard Mega Cap Value ETF comprises approximately 0.6% of Harbour Investments Inc.’s investment portfolio, making the stock its 29th biggest holding. Harbour Investments Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $20,557,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Russell Investments Group Ltd. bought a new position in shares of Vanguard Mega Cap Value ETF during the 1st quarter valued at approximately $453,000. BHK Investment Advisors LLC grew its stake in shares of Vanguard Mega Cap Value ETF by 28.4% in the 1st quarter. BHK Investment Advisors LLC now owns 238,461 shares of the company’s stock worth $28,498,000 after buying an additional 52,788 shares in the last quarter. Blair William & Co. IL increased its holdings in shares of Vanguard Mega Cap Value ETF by 17.9% in the 1st quarter. Blair William & Co. IL now owns 19,037 shares of the company’s stock worth $2,275,000 after buying an additional 2,890 shares during the last quarter. Resolute Advisors LLC raised its position in shares of Vanguard Mega Cap Value ETF by 0.6% during the 1st quarter. Resolute Advisors LLC now owns 38,562 shares of the company’s stock valued at $4,609,000 after buying an additional 227 shares in the last quarter. Finally, Burns Matteson Capital Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the 1st quarter valued at about $1,350,000.

Vanguard Mega Cap Value ETF Trading Up 0.2 %

MGV opened at $131.76 on Tuesday. The stock has a 50-day moving average of $127.89 and a 200 day moving average of $122.78. Vanguard Mega Cap Value ETF has a 12 month low of $100.93 and a 12 month high of $132.39. The firm has a market cap of $8.17 billion, a P/E 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.