Passumpsic Savings Bank Has $1.38 Million Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Passumpsic Savings Bank grew its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 8.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,775 shares of the company’s stock after acquiring an additional 845 shares during the quarter. Passumpsic Savings Bank’s holdings in Vanguard Mega Cap Value ETF were worth $1,382,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of MGV. Brophy Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF during the third quarter worth about $16,744,000. Continuum Advisory LLC grew its stake in Vanguard Mega Cap Value ETF by 3.8% in the third quarter. Continuum Advisory LLC now owns 3,448 shares of the company’s stock valued at $449,000 after purchasing an additional 125 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its stake in Vanguard Mega Cap Value ETF by 9.1% in the third quarter. Glass Jacobson Investment Advisors llc now owns 23,969 shares of the company’s stock valued at $3,075,000 after purchasing an additional 2,007 shares in the last quarter. Raab & Moskowitz Asset Management LLC grew its stake in Vanguard Mega Cap Value ETF by 7.4% in the third quarter. Raab & Moskowitz Asset Management LLC now owns 5,476 shares of the company’s stock valued at $702,000 after purchasing an additional 375 shares in the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in Vanguard Mega Cap Value ETF in the third quarter valued at approximately $108,000.

Vanguard Mega Cap Value ETF Stock Down 0.5 %

MGV opened at $129.38 on Wednesday. The stock has a market cap of $8.02 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. The business has a 50 day moving average of $129.90 and a 200-day moving average of $124.80. Vanguard Mega Cap Value ETF has a 12-month low of $105.90 and a 12-month high of $133.82.

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.