Bay Capital Advisors LLC Buys New Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Bay Capital Advisors LLC purchased a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,500 shares of the company’s stock, valued at approximately $437,000.

Several other institutional investors have also added to or reduced their stakes in the business. Signature Estate & Investment Advisors LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $240,000. TIAA Trust National Association raised its holdings in shares of Vanguard Mega Cap Value ETF by 21.2% in the fourth quarter. TIAA Trust National Association now owns 1,916 shares of the company’s stock worth $239,000 after buying an additional 335 shares during the last quarter. Grantvest Financial Group LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the fourth quarter worth $2,385,000. Haverford Trust Co lifted its stake in shares of Vanguard Mega Cap Value ETF by 22.5% during the fourth quarter. Haverford Trust Co now owns 5,315 shares of the company’s stock worth $664,000 after buying an additional 975 shares during the period. Finally, Congress Wealth Management LLC DE purchased a new stake in shares of Vanguard Mega Cap Value ETF during the fourth quarter valued at $534,000.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV opened at $129.82 on Tuesday. The stock has a 50-day moving average of $130.00 and a two-hundred day moving average of $128.87. The stock has a market cap of $8.79 billion, a P/E ratio of 20.16 and a beta of 0.85. Vanguard Mega Cap Value ETF has a one year low of $113.36 and a one year high of $133.82.

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.