Vanguard Mega Cap Value ETF $MGV Position Lowered by Worth Asset Management LLC

Worth Asset Management LLC decreased its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 41.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,575 shares of the company’s stock after selling 6,741 shares during the quarter. Worth Asset Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,542,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MGV. Assetmark Inc. boosted its holdings in shares of Vanguard Mega Cap Value ETF by 1.1% during the 1st quarter. Assetmark Inc. now owns 15,596,695 shares of the company’s stock valued at $2,260,741,000 after purchasing an additional 166,009 shares during the last quarter. Bank of America Corp DE boosted its stake in Vanguard Mega Cap Value ETF by 2.6% during the first quarter. Bank of America Corp DE now owns 4,639,212 shares of the company’s stock valued at $672,454,000 after buying an additional 117,605 shares during the last quarter. BTG Pactual Asset Management US LLC boosted its stake in Vanguard Mega Cap Value ETF by 238.0% during the second quarter. BTG Pactual Asset Management US LLC now owns 724,232 shares of the company’s stock valued at $118,376,000 after buying an additional 509,956 shares during the last quarter. Royal Bank of Canada grew its holdings in Vanguard Mega Cap Value ETF by 8.5% during the 1st quarter. Royal Bank of Canada now owns 727,459 shares of the company’s stock valued at $105,445,000 after buying an additional 56,722 shares in the last quarter. Finally, Baird Financial Group Inc. grew its holdings in Vanguard Mega Cap Value ETF by 1.0% during the 2nd quarter. Baird Financial Group Inc. now owns 387,221 shares of the company’s stock valued at $63,291,000 after buying an additional 3,737 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA:MGV traded down $0.07 during trading hours on Wednesday, reaching $162.56. The stock had a trading volume of 145,067 shares, compared to its average volume of 259,817. The stock has a market capitalization of $13.60 billion, a PE ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a 52 week low of $135.26 and a 52 week high of $169.84. The company has a 50 day moving average price of $165.80 and a two-hundred day moving average price of $159.41.

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.