Vanguard Mega Cap Value ETF $MGV Shares Sold by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc trimmed its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 17.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 41,137 shares of the company’s stock after selling 8,906 shares during the quarter. Texas Capital Bank Wealth Management Services Inc owned about 0.05% of Vanguard Mega Cap Value ETF worth $5,807,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of Vanguard Mega Cap Value ETF by 12.4% during the 3rd 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 purchasing an additional 12,507 shares during the period. Breakwater Capital Group raised its position in shares of Vanguard Mega Cap Value ETF by 11.4% during the 4th quarter. Breakwater Capital Group now owns 146,115 shares of the company’s stock worth $20,626,000 after purchasing an additional 14,981 shares during the period. Amara Financial LLC. raised its position in shares of Vanguard Mega Cap Value ETF by 8.6% during the 4th quarter. Amara Financial LLC. now owns 57,216 shares of the company’s stock worth $8,077,000 after purchasing an additional 4,520 shares during the period. Colorado Capital Management Inc. raised its position in shares of Vanguard Mega Cap Value ETF by 18.7% during the 4th quarter. Colorado Capital Management Inc. now owns 45,428 shares of the company’s stock worth $6,413,000 after purchasing an additional 7,160 shares during the period. Finally, Sheridan Capital Management LLC raised its position in shares of Vanguard Mega Cap Value ETF by 4.3% during the 4th quarter. Sheridan Capital Management LLC now owns 144,775 shares of the company’s stock worth $20,437,000 after purchasing an additional 6,035 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

MGV opened at $157.76 on Thursday. Vanguard Mega Cap Value ETF has a 12 month low of $125.78 and a 12 month high of $158.37. The stock has a market cap of $12.28 billion, a P/E ratio of 18.48 and a beta of 0.73. The stock’s 50 day moving average price is $150.21 and its 200 day moving average price is $146.89.

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.