Diversify Advisory Services LLC Has $1.36 Million Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Diversify Advisory Services LLC trimmed its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 12.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,975 shares of the company’s stock after selling 1,607 shares during the quarter. Diversify Advisory Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,357,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Massmutual Trust Co. FSB ADV bought a new position in shares of Vanguard Mega Cap Value ETF in the third quarter worth about $36,000. CENTRAL TRUST Co acquired a new stake in shares of Vanguard Mega Cap Value ETF in the third quarter valued at approximately $40,000. Angeles Wealth Management LLC bought a new position in Vanguard Mega Cap Value ETF in the 3rd quarter worth approximately $46,000. WFA Asset Management Corp lifted its holdings in Vanguard Mega Cap Value ETF by 93.5% during the 3rd quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock worth $61,000 after buying an additional 229 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its position in Vanguard Mega Cap Value ETF by 65.2% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 570 shares of the company’s stock valued at $73,000 after buying an additional 225 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.7 %

MGV stock opened at $128.75 on Tuesday. Vanguard Mega Cap Value ETF has a twelve month low of $107.85 and a twelve month high of $133.82. The company has a market cap of $7.98 billion, a P/E ratio of 18.88 and a beta of 0.66. The business has a fifty day moving average of $128.38 and a 200-day moving average of $126.38.

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.