Vanguard Mega Cap Value ETF $MGV Shares Sold by PFG Advisors

PFG Advisors reduced its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 43.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,234 shares of the company’s stock after selling 8,654 shares during the quarter. PFG Advisors’ holdings in Vanguard Mega Cap Value ETF were worth $1,586,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in Vanguard Mega Cap Value ETF by 12.4% during the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 113,170 shares of the company’s stock worth $15,588,000 after buying an additional 12,507 shares during the period. Fingerlakes Wealth Management Inc. grew its position in Vanguard Mega Cap Value ETF by 15.3% during the third quarter. Fingerlakes Wealth Management Inc. now owns 47,143 shares of the company’s stock worth $6,494,000 after buying an additional 6,260 shares during the period. Breakwater Capital Group grew its position in Vanguard Mega Cap Value ETF by 11.4% during the fourth quarter. Breakwater Capital Group now owns 146,115 shares of the company’s stock worth $20,626,000 after buying an additional 14,981 shares during the period. Colorado Capital Management Inc. grew its position in Vanguard Mega Cap Value ETF by 18.7% during the fourth quarter. Colorado Capital Management Inc. now owns 45,428 shares of the company’s stock worth $6,413,000 after buying an additional 7,160 shares during the period. Finally, Brighton Jones LLC acquired a new position in Vanguard Mega Cap Value ETF during the third quarter worth about $695,000.

Vanguard Mega Cap Value ETF Price Performance

MGV stock opened at $149.48 on Thursday. The company’s 50 day simple moving average is $148.72 and its 200-day simple moving average is $144.19. The firm has a market capitalization of $11.63 billion, a PE ratio of 18.48 and a beta of 0.75. Vanguard Mega Cap Value ETF has a 12 month low of $120.75 and a 12 month high of $154.03.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.