BNP Paribas Financial Markets Has $7.06 Million Stake in Vanguard Mega Cap Value ETF $MGV

BNP Paribas Financial Markets boosted its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 27,992.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 50,005 shares of the company’s stock after purchasing an additional 49,827 shares during the period. BNP Paribas Financial Markets’ holdings in Vanguard Mega Cap Value ETF were worth $7,059,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake 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 buying an additional 12,507 shares in the last quarter. Amara Financial LLC. grew its stake 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 buying an additional 4,520 shares in the last quarter. Breakwater Capital Group grew its stake 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 buying an additional 14,981 shares in the last quarter. Sheridan Capital Management LLC lifted its holdings in shares of Vanguard Mega Cap Value ETF by 4.3% in the fourth quarter. Sheridan Capital Management LLC now owns 144,775 shares of the company’s stock worth $20,437,000 after acquiring an additional 6,035 shares during the last quarter. Finally, Colorado Capital Management Inc. lifted its holdings in shares of Vanguard Mega Cap Value ETF by 18.7% in the fourth quarter. Colorado Capital Management Inc. now owns 45,428 shares of the company’s stock worth $6,413,000 after acquiring an additional 7,160 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Up 0.5%

MGV stock opened at $159.25 on Wednesday. The stock has a market capitalization of $12.39 billion, a P/E ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a 12 month low of $127.95 and a 12 month high of $160.40. The firm has a 50-day moving average price of $152.59 and a 200-day moving average price of $148.17.

Vanguard Mega Cap Value ETF 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.