Passumpsic Savings Bank Takes $1.84 Million Position in Vanguard Mega Cap Value ETF $MGV

Passumpsic Savings Bank acquired a new stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 13,034 shares of the company’s stock, valued at approximately $1,840,000.

A number of other hedge funds also recently made changes to their positions in the company. Valmark Advisers Inc. raised its stake in shares of Vanguard Mega Cap Value ETF by 2.9% during the fourth quarter. Valmark Advisers Inc. now owns 2,447 shares of the company’s stock valued at $345,000 after purchasing an additional 69 shares during the period. CVA Family Office LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 0.3% during the fourth quarter. CVA Family Office LLC now owns 28,166 shares of the company’s stock valued at $3,976,000 after purchasing an additional 74 shares during the period. Cvfg LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 3.5% during the third quarter. Cvfg LLC now owns 2,220 shares of the company’s stock valued at $306,000 after purchasing an additional 75 shares during the period. Wealthcare Capital Partners LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 0.4% during the fourth quarter. Wealthcare Capital Partners LLC now owns 17,683 shares of the company’s stock valued at $2,496,000 after purchasing an additional 76 shares during the period. Finally, Encompass Wealth Advisors LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 0.3% during the fourth quarter. Encompass Wealth Advisors LLC now owns 29,028 shares of the company’s stock valued at $4,098,000 after purchasing an additional 80 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

MGV opened at $154.03 on Monday. Vanguard Mega Cap Value ETF has a 52-week low of $124.25 and a 52-week high of $156.13. The firm has a market capitalization of $11.99 billion, a P/E ratio of 18.48 and a beta of 0.73. The firm’s 50 day moving average is $148.84 and its 200-day moving average is $145.82.

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.