Vanguard Mega Cap Value ETF $MGV Stock Holdings Lifted by BTG Pactual Asset Management US LLC

BTG Pactual Asset Management US LLC raised its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 238.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 724,232 shares of the company’s stock after buying an additional 509,956 shares during the period. Vanguard Mega Cap Value ETF accounts for approximately 7.1% of BTG Pactual Asset Management US LLC’s investment portfolio, making the stock its 2nd largest position. BTG Pactual Asset Management US LLC’s holdings in Vanguard Mega Cap Value ETF were worth $118,376,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in MGV. Oarsman Capital Inc. acquired a new position in shares of Vanguard Mega Cap Value ETF in the 2nd quarter valued at $949,000. ICONIQ Capital LLC purchased a new position in Vanguard Mega Cap Value ETF in the 2nd quarter valued at approximately $1,192,000. Greenleaf Trust acquired a new position in Vanguard Mega Cap Value ETF during the 2nd quarter worth $307,000. Blue Edge Capital LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF during the second quarter worth approximately $25,977,000. Finally, Compass Financial Management LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 2nd quarter valued at $93,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV opened at $167.29 on Monday. The company has a market capitalization of $13.49 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 52-week low of $133.33 and a 52-week high of $169.84. The stock has a 50 day moving average price of $165.00 and a 200 day moving average price of $156.71.

About Vanguard Mega Cap Value ETF

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.