BCO Wealth Management LLC Makes New $519,000 Investment in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

BCO Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) in the 4th quarter, HoldingsChannel reports. The fund purchased 4,154 shares of the company’s stock, valued at approximately $519,000. Vanguard Mega Cap Value ETF comprises approximately 0.4% of BCO Wealth Management LLC’s holdings, making the stock its 18th biggest position.

A number of other large investors have also modified their holdings of MGV. Howe & Rusling Inc. grew its position in shares of Vanguard Mega Cap Value ETF by 1.5% during the fourth quarter. Howe & Rusling Inc. now owns 36,233 shares of the company’s stock worth $4,526,000 after buying an additional 531 shares in the last quarter. Graney & King LLC purchased a new position in Vanguard Mega Cap Value ETF in the fourth quarter worth approximately $868,000. Dechtman Wealth Management LLC grew its holdings in Vanguard Mega Cap Value ETF by 326.1% during the 4th quarter. Dechtman Wealth Management LLC now owns 217,034 shares of the company’s stock worth $27,110,000 after acquiring an additional 166,103 shares in the last quarter. Bay Capital Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $437,000. Finally, Signature Estate & Investment Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at approximately $240,000.

Vanguard Mega Cap Value ETF Trading Up 0.1 %

Vanguard Mega Cap Value ETF stock opened at $129.62 on Thursday. The company has a fifty day simple moving average of $130.12 and a 200-day simple moving average of $128.91. The stock has a market cap of $8.93 billion, a P/E ratio of 20.13 and a beta of 0.85. Vanguard Mega Cap Value ETF has a 12-month low of $113.36 and a 12-month high of $133.82.

Vanguard Mega Cap Value ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a $0.6838 dividend. The ex-dividend date is Thursday, March 27th.

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.