Brookstone Capital Management Has $496,000 Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Brookstone Capital Management grew its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 10.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,971 shares of the company’s stock after acquiring an additional 389 shares during the period. Brookstone Capital Management’s holdings in Vanguard Mega Cap Value ETF were worth $496,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Massmutual Trust Co. FSB ADV bought a new stake in shares of Vanguard Mega Cap Value ETF in the third quarter valued at about $36,000. CENTRAL TRUST Co acquired a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter worth about $40,000. Angeles Wealth Management LLC bought a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter valued at about $46,000. WFA Asset Management Corp grew its position in shares of Vanguard Mega Cap Value ETF by 93.5% during the 3rd quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock worth $61,000 after purchasing an additional 229 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. increased its holdings in shares of Vanguard Mega Cap Value ETF by 65.2% during the third quarter. Concourse Financial Group Securities Inc. now owns 570 shares of the company’s stock worth $73,000 after purchasing an additional 225 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $128.75 on Friday. The stock has a market capitalization of $7.98 billion, a PE ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a fifty-two week low of $107.85 and a fifty-two week high of $133.82. The business has a fifty day moving average price of $128.38 and a two-hundred day moving average price of $126.27.

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.