Financial Avengers Inc. Cuts Stock Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Financial Avengers Inc. cut its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 33.2% in the third quarter, HoldingsChannel reports. The firm owned 201 shares of the company’s stock after selling 100 shares during the quarter. Financial Avengers Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $26,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Brophy Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap Value ETF in the third quarter valued at $16,744,000. Continuum Advisory LLC lifted its position in Vanguard Mega Cap Value ETF by 3.8% in the third quarter. Continuum Advisory LLC now owns 3,448 shares of the company’s stock worth $449,000 after buying an additional 125 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its position in Vanguard Mega Cap Value ETF by 9.1% in the third quarter. Glass Jacobson Investment Advisors llc now owns 23,969 shares of the company’s stock worth $3,075,000 after buying an additional 2,007 shares during the last quarter. Raab & Moskowitz Asset Management LLC lifted its position in Vanguard Mega Cap Value ETF by 7.4% in the third quarter. Raab & Moskowitz Asset Management LLC now owns 5,476 shares of the company’s stock worth $702,000 after buying an additional 375 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new stake in Vanguard Mega Cap Value ETF in the third quarter worth $108,000.

Vanguard Mega Cap Value ETF Stock Down 0.5 %

Shares of MGV opened at $129.38 on Wednesday. The company has a market cap of $8.02 billion, a PE ratio of 18.88 and a beta of 0.66. The business has a fifty day moving average of $129.90 and a 200 day moving average of $124.80. Vanguard Mega Cap Value ETF has a 52-week low of $105.90 and a 52-week high of $133.82.

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.