Vanguard Mega Cap Value ETF $MGV Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. reduced its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 5.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 86,234 shares of the company’s stock after selling 4,943 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Mega Cap Value ETF were worth $12,173,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Valmark Advisers Inc. grew its holdings in Vanguard Mega Cap Value ETF by 2.9% during the 4th quarter. Valmark Advisers Inc. now owns 2,447 shares of the company’s stock worth $345,000 after acquiring an additional 69 shares in the last quarter. CVA Family Office LLC grew its holdings in Vanguard Mega Cap Value ETF by 0.3% during the 4th quarter. CVA Family Office LLC now owns 28,166 shares of the company’s stock worth $3,976,000 after acquiring an additional 74 shares in the last quarter. Cvfg LLC grew its holdings in Vanguard Mega Cap Value ETF by 3.5% during the 3rd quarter. Cvfg LLC now owns 2,220 shares of the company’s stock worth $306,000 after acquiring an additional 75 shares in the last quarter. Wealthcare Capital Partners LLC grew its holdings in Vanguard Mega Cap Value ETF by 0.4% during the 4th quarter. Wealthcare Capital Partners LLC now owns 17,683 shares of the company’s stock worth $2,496,000 after acquiring an additional 76 shares in the last quarter. Finally, Encompass Wealth Advisors LLC grew its holdings in Vanguard Mega Cap Value ETF by 0.3% during the 4th quarter. Encompass Wealth Advisors LLC now owns 29,028 shares of the company’s stock worth $4,098,000 after acquiring an additional 80 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV stock opened at $157.30 on Tuesday. The firm has a market cap of $12.24 billion, a P/E ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a 1-year low of $125.84 and a 1-year high of $158.37. The firm has a fifty day moving average of $150.89 and a two-hundred day moving average of $147.29.

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.