Avantax Advisory Services Inc. Sells 18,480 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Avantax Advisory Services Inc. trimmed its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 9.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 185,204 shares of the company’s stock after selling 18,480 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $23,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of MGV. Financial Life Planners bought a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter worth about $34,000. Tanglewood Legacy Advisors LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter worth about $54,000. Planning Capital Management Corp bought a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $85,000. Sachetta LLC purchased a new position in Vanguard Mega Cap Value ETF in the fourth quarter worth about $95,000. Finally, Legacy Investment Solutions LLC purchased a new position in Vanguard Mega Cap Value ETF in the third quarter worth about $108,000.

Vanguard Mega Cap Value ETF Stock Performance

Shares of Vanguard Mega Cap Value ETF stock opened at $126.68 on Wednesday. The stock has a market capitalization of $8.58 billion, a PE ratio of 20.16 and a beta of 0.85. Vanguard Mega Cap Value ETF has a 52-week low of $113.36 and a 52-week high of $133.82. The company has a 50-day simple moving average of $129.43 and a two-hundred day simple moving average of $128.74.

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.