Boyd Wealth Management LLC Sells 585 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Boyd Wealth Management LLC cut its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.2% in the third quarter, HoldingsChannel.com reports. The firm owned 26,388 shares of the company’s stock after selling 585 shares during the period. Vanguard Mega Cap Value ETF accounts for approximately 1.7% of Boyd Wealth Management LLC’s investment portfolio, making the stock its 14th biggest holding. Boyd Wealth Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $3,385,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the company. LPL Financial LLC grew its position in shares of Vanguard Mega Cap Value ETF by 53.1% in the 2nd quarter. LPL Financial LLC now owns 1,005,969 shares of the company’s stock worth $119,207,000 after buying an additional 348,936 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in Vanguard Mega Cap Value ETF by 1.6% in the third quarter. Sequoia Financial Advisors LLC now owns 646,158 shares of the company’s stock worth $82,889,000 after purchasing an additional 10,362 shares during the last quarter. Black Diamond Financial LLC grew its holdings in Vanguard Mega Cap Value ETF by 8.7% in the second quarter. Black Diamond Financial LLC now owns 616,892 shares of the company’s stock worth $73,102,000 after purchasing an additional 49,297 shares during the last quarter. Raymond James & Associates increased its position in shares of Vanguard Mega Cap Value ETF by 3.4% during the third quarter. Raymond James & Associates now owns 524,029 shares of the company’s stock worth $67,222,000 after purchasing an additional 17,208 shares in the last quarter. Finally, Means Investment CO. Inc. lifted its holdings in shares of Vanguard Mega Cap Value ETF by 6.4% during the 3rd quarter. Means Investment CO. Inc. now owns 507,550 shares of the company’s stock valued at $65,108,000 after purchasing an additional 30,393 shares during the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV stock opened at $127.38 on Thursday. The stock’s fifty day moving average price is $127.50 and its 200 day moving average price is $122.04. Vanguard Mega Cap Value ETF has a 1-year low of $98.08 and a 1-year high of $131.09. The company has a market cap of $7.89 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66.

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.