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

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

A number of other hedge funds have also made changes to their positions in MGV. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in Vanguard Mega Cap Value ETF by 12.4% during the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 113,170 shares of the company’s stock worth $15,588,000 after purchasing an additional 12,507 shares during the period. Breakwater Capital Group boosted its position in Vanguard Mega Cap Value ETF by 11.4% during the fourth quarter. Breakwater Capital Group now owns 146,115 shares of the company’s stock worth $20,626,000 after purchasing an additional 14,981 shares during the period. Amara Financial LLC. boosted its position in Vanguard Mega Cap Value ETF by 8.6% during the fourth quarter. Amara Financial LLC. now owns 57,216 shares of the company’s stock worth $8,077,000 after purchasing an additional 4,520 shares during the period. Colorado Capital Management Inc. boosted its position in Vanguard Mega Cap Value ETF by 18.7% during the fourth quarter. Colorado Capital Management Inc. now owns 45,428 shares of the company’s stock worth $6,413,000 after purchasing an additional 7,160 shares during the period. Finally, Sheridan Capital Management LLC boosted its position in Vanguard Mega Cap Value ETF by 4.3% during the fourth quarter. Sheridan Capital Management LLC now owns 144,775 shares of the company’s stock worth $20,437,000 after purchasing an additional 6,035 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV opened at $154.03 on Monday. The firm has a market capitalization of $11.99 billion, a PE ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a twelve month low of $124.25 and a twelve month high of $156.13. The company has a 50-day moving average price of $148.84 and a two-hundred day moving average price of $145.82.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.