BTG Pactual Asset Management US LLC Purchases 9,677 Shares of Vanguard Mega Cap Value ETF $MGV

BTG Pactual Asset Management US LLC lifted its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 5.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 197,592 shares of the company’s stock after purchasing an additional 9,677 shares during the period. Vanguard Mega Cap Value ETF comprises about 2.8% of BTG Pactual Asset Management US LLC’s portfolio, making the stock its 4th biggest holding. BTG Pactual Asset Management US LLC owned about 0.27% of Vanguard Mega Cap Value ETF worth $25,924,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MGV. Bank of America Corp DE boosted its stake in shares of Vanguard Mega Cap Value ETF by 7.9% during the 2nd quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock worth $575,265,000 after acquiring an additional 319,194 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Vanguard Mega Cap Value ETF by 2.5% during the second quarter. Ameriprise Financial Inc. now owns 1,743,113 shares of the company’s stock worth $228,634,000 after purchasing an additional 42,570 shares in the last quarter. Graney & King LLC grew its holdings in Vanguard Mega Cap Value ETF by 493.1% in the second quarter. Graney & King LLC now owns 147,240 shares of the company’s stock valued at $19,318,000 after purchasing an additional 122,413 shares during the period. Raymond James Financial Inc. increased its position in shares of Vanguard Mega Cap Value ETF by 29.3% in the second quarter. Raymond James Financial Inc. now owns 855,215 shares of the company’s stock valued at $112,204,000 after buying an additional 193,776 shares in the last quarter. Finally, Betterment LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 3.4% during the 2nd quarter. Betterment LLC now owns 2,730 shares of the company’s stock worth $358,000 after buying an additional 90 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV opened at $142.14 on Friday. The business’s 50 day moving average price is $138.46 and its 200-day moving average price is $134.59. Vanguard Mega Cap Value ETF has a 1 year low of $112.25 and a 1 year high of $142.82. The firm has a market capitalization of $10.56 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80.

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.