Wealthfront Advisers LLC Sells 13,763 Shares of Vanguard Mega Cap Value ETF $MGV

Wealthfront Advisers LLC reduced its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 18.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,986 shares of the company’s stock after selling 13,763 shares during the quarter. Wealthfront Advisers LLC owned about 0.08% of Vanguard Mega Cap Value ETF worth $8,001,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Assetmark Inc. raised its holdings in Vanguard Mega Cap Value ETF by 3.3% in the 1st quarter. Assetmark Inc. now owns 14,804,596 shares of the company’s stock valued at $1,907,424,000 after acquiring an additional 467,392 shares during the period. LPL Financial LLC raised its holdings in Vanguard Mega Cap Value ETF by 2.5% in the 1st quarter. LPL Financial LLC now owns 976,948 shares of the company’s stock valued at $125,870,000 after acquiring an additional 23,685 shares during the period. HighTower Advisors LLC raised its holdings in Vanguard Mega Cap Value ETF by 51.6% in the 1st quarter. HighTower Advisors LLC now owns 712,570 shares of the company’s stock valued at $91,807,000 after acquiring an additional 242,459 shares during the period. Royal Bank of Canada raised its holdings in Vanguard Mega Cap Value ETF by 10.1% in the 1st quarter. Royal Bank of Canada now owns 673,415 shares of the company’s stock valued at $86,763,000 after acquiring an additional 61,584 shares during the period. Finally, Merit Financial Group LLC raised its holdings in Vanguard Mega Cap Value ETF by 8.6% in the 2nd quarter. Merit Financial Group LLC now owns 639,168 shares of the company’s stock valued at $83,859,000 after acquiring an additional 50,431 shares during the period.

Vanguard Mega Cap Value ETF Stock Up 0.4%

Vanguard Mega Cap Value ETF stock opened at $139.61 on Tuesday. The stock has a market cap of $10.38 billion, a P/E ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $139.63. The company’s 50-day moving average price is $136.56 and its two-hundred day moving average price is $131.09.

About Vanguard Mega Cap Value ETF

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.