Vanguard Mega Cap Value ETF $MGV Stake Decreased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lessened its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 14.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 31,365 shares of the company’s stock after selling 5,299 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $4,427,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Valmark Advisers Inc. raised its holdings in shares of Vanguard Mega Cap Value ETF by 2.9% during the fourth quarter. Valmark Advisers Inc. now owns 2,447 shares of the company’s stock valued at $345,000 after buying an additional 69 shares during the last quarter. CVA Family Office LLC raised its holdings in shares of Vanguard Mega Cap Value ETF by 0.3% during the fourth quarter. CVA Family Office LLC now owns 28,166 shares of the company’s stock valued at $3,976,000 after buying an additional 74 shares during the last quarter. Cvfg LLC raised its holdings in shares of Vanguard Mega Cap Value ETF by 3.5% during the third quarter. Cvfg LLC now owns 2,220 shares of the company’s stock valued at $306,000 after buying an additional 75 shares during the last quarter. Wealthcare Capital Partners LLC raised its holdings in shares of Vanguard Mega Cap Value ETF by 0.4% during the fourth quarter. Wealthcare Capital Partners LLC now owns 17,683 shares of the company’s stock valued at $2,496,000 after buying an additional 76 shares during the last quarter. Finally, Encompass Wealth Advisors LLC raised its holdings in shares of Vanguard Mega Cap Value ETF by 0.3% during the fourth quarter. Encompass Wealth Advisors LLC now owns 29,028 shares of the company’s stock valued at $4,098,000 after buying an additional 80 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Up 0.8%

MGV opened at $156.96 on Friday. The business’s 50 day moving average is $149.55 and its 200-day moving average is $146.38. The stock has a market cap of $12.21 billion, a PE ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a twelve month low of $124.25 and a twelve month high of $157.46.

Vanguard Mega Cap Value ETF Company 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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.