Harbour Investments Inc. Makes New Investment in Vanguard Mega Cap Value ETF $MGV

Harbour Investments Inc. acquired a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 139,089 shares of the company’s stock, valued at approximately $22,406,000.

A number of other large investors have also recently bought and sold shares of the business. Bank of America Corp DE increased its position in Vanguard Mega Cap Value ETF by 2.6% during the first quarter. Bank of America Corp DE now owns 4,639,212 shares of the company’s stock worth $672,454,000 after buying an additional 117,605 shares during the last quarter. Black Diamond Financial LLC raised its holdings in Vanguard Mega Cap Value ETF by 2.9% during the third quarter. Black Diamond Financial LLC now owns 779,389 shares of the company’s stock valued at $125,552,000 after buying an additional 22,160 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the third quarter worth about $118,104,000. Royal Bank of Canada lifted its position in shares of Vanguard Mega Cap Value ETF by 8.5% in the first quarter. Royal Bank of Canada now owns 727,459 shares of the company’s stock worth $105,445,000 after buying an additional 56,722 shares during the last quarter. Finally, BTG Pactual Asset Management US LLC lifted its position in shares of Vanguard Mega Cap Value ETF by 238.0% in the second quarter. BTG Pactual Asset Management US LLC now owns 724,232 shares of the company’s stock worth $118,376,000 after buying an additional 509,956 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV traded up $0.25 during trading hours on Friday, hitting $170.33. 181,793 shares of the company were exchanged, compared to its average volume of 260,852. The company has a market cap of $14.36 billion, a PE ratio of 20.06 and a beta of 0.71. The firm’s 50 day moving average is $165.79 and its 200-day moving average is $158.90. Vanguard Mega Cap Value ETF has a 52 week low of $135.48 and a 52 week high of $172.07.

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