Bank of Hawaii Lowers Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Bank of Hawaii trimmed its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 16,711 shares of the company’s stock after selling 339 shares during the period. Bank of Hawaii’s holdings in Vanguard Mega Cap Value ETF were worth $2,087,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Bank of Montreal Can increased its holdings in shares of Vanguard Mega Cap Value ETF by 2.4% in the fourth quarter. Bank of Montreal Can now owns 8,346 shares of the company’s stock worth $1,042,000 after purchasing an additional 199 shares during the last quarter. Cerity Partners LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 6.8% in the fourth quarter. Cerity Partners LLC now owns 8,489 shares of the company’s stock worth $1,060,000 after purchasing an additional 539 shares during the last quarter. Wedbush Securities Inc. increased its stake in Vanguard Mega Cap Value ETF by 12.4% during the fourth quarter. Wedbush Securities Inc. now owns 1,815 shares of the company’s stock worth $227,000 after acquiring an additional 200 shares during the last quarter. Wells Fargo & Company MN increased its stake in Vanguard Mega Cap Value ETF by 1.5% during the fourth quarter. Wells Fargo & Company MN now owns 609,304 shares of the company’s stock worth $76,108,000 after acquiring an additional 9,103 shares during the last quarter. Finally, Resolute Advisors LLC increased its stake in Vanguard Mega Cap Value ETF by 0.6% during the fourth quarter. Resolute Advisors LLC now owns 39,242 shares of the company’s stock worth $4,902,000 after acquiring an additional 223 shares during the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $122.38 on Thursday. The stock has a market capitalization of $8.43 billion, a P/E ratio of 20.13 and a beta of 0.85. The business’s 50 day moving average is $128.39 and its two-hundred day moving average is $128.59. Vanguard Mega Cap Value ETF has a 1-year low of $112.25 and a 1-year high of $133.82.

Vanguard Mega Cap Value ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.6838 dividend. The ex-dividend date was 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.