Vanguard Mega Cap Value ETF $MGV Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,223,802 shares of the company’s stock after selling 32,777 shares during the quarter. PNC Financial Services Group Inc. owned 1.68% of Vanguard Mega Cap Value ETF worth $160,563,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. NorthRock Partners LLC raised its holdings in Vanguard Mega Cap Value ETF by 100.0% in the second quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock valued at $25,000 after acquiring an additional 94 shares in the last quarter. Proathlete Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF in the second quarter valued at approximately $25,000. Strategic Investment Solutions Inc. IL acquired a new stake in Vanguard Mega Cap Value ETF during the first quarter worth approximately $28,000. WFA Asset Management Corp purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth approximately $32,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of Vanguard Mega Cap Value ETF in the 1st quarter valued at $35,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV opened at $140.11 on Thursday. Vanguard Mega Cap Value ETF has a 12 month low of $112.25 and a 12 month high of $140.38. The firm has a market capitalization of $10.41 billion, a P/E ratio of 18.48 and a beta of 0.80. The company’s fifty day moving average price is $137.34 and its 200 day moving average price is $132.50.

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.