Parallel Advisors LLC Purchases 150,131 Shares of Vanguard Mega Cap Value ETF $MGV

Parallel Advisors LLC lifted its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6,043.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 152,615 shares of the company’s stock after purchasing an additional 150,131 shares during the quarter. Parallel Advisors LLC owned about 0.18% of Vanguard Mega Cap Value ETF worth $24,585,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Assetmark Inc. boosted its stake in Vanguard Mega Cap Value ETF by 1.1% during the first quarter. Assetmark Inc. now owns 15,596,695 shares of the company’s stock valued at $2,260,741,000 after buying an additional 166,009 shares during the last quarter. Bank of America Corp DE increased its stake in Vanguard Mega Cap Value ETF by 2.6% in the 1st quarter. Bank of America Corp DE now owns 4,639,212 shares of the company’s stock worth $672,454,000 after acquiring an additional 117,605 shares during the last quarter. Black Diamond Financial LLC increased its stake in Vanguard Mega Cap Value ETF by 2.9% in the 3rd quarter. Black Diamond Financial LLC now owns 779,389 shares of the company’s stock worth $125,552,000 after acquiring an additional 22,160 shares during the last quarter. BTG Pactual Asset Management US LLC raised its holdings in shares of Vanguard Mega Cap Value ETF by 238.0% during the 2nd quarter. BTG Pactual Asset Management US LLC now owns 724,232 shares of the company’s stock worth $118,376,000 after acquiring an additional 509,956 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $118,104,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV traded down $0.48 during midday trading on Friday, reaching $165.33. 350,653 shares of the stock traded hands, compared to its average volume of 261,570. The stock has a market capitalization of $13.94 billion, a PE ratio of 20.06 and a beta of 0.71. Vanguard Mega Cap Value ETF has a one year low of $135.48 and a one year high of $172.07. The company’s 50 day moving average is $165.56 and its 200 day moving average is $158.32.

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