Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Position Boosted by Pachira Investments Inc.

Pachira Investments Inc. increased its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 12.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 57,624 shares of the company’s stock after acquiring an additional 6,506 shares during the period. Vanguard Mega Cap Value ETF comprises about 4.4% of Pachira Investments Inc.’s portfolio, making the stock its 10th largest holding. Pachira Investments Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $7,175,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in MGV. Financial Life Planners bought a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter valued at about $34,000. CENTRAL TRUST Co purchased a new stake in Vanguard Mega Cap Value ETF in the third quarter worth about $40,000. Angeles Wealth Management LLC bought a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter valued at approximately $46,000. WFA Asset Management Corp raised its position in shares of Vanguard Mega Cap Value ETF by 93.5% in the 3rd quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock worth $61,000 after acquiring an additional 229 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. lifted its stake in shares of Vanguard Mega Cap Value ETF by 65.2% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 570 shares of the company’s stock valued at $73,000 after purchasing an additional 225 shares during the period.

Vanguard Mega Cap Value ETF Stock Up 0.4 %

NYSEARCA MGV opened at $131.05 on Tuesday. The stock’s 50 day moving average is $128.13 and its 200 day moving average is $127.40. The firm has a market capitalization of $8.12 billion, a PE ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a twelve month low of $110.66 and a twelve 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.