Vanguard Mega Cap Value ETF $MGV Shares Sold by Worth Asset Management LLC

Worth Asset Management LLC trimmed its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 24.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,316 shares of the company’s stock after selling 5,168 shares during the period. Vanguard Mega Cap Value ETF accounts for about 0.9% of Worth Asset Management LLC’s holdings, making the stock its 20th biggest holding. Worth Asset Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,667,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Focus Partners Wealth boosted its position in shares of Vanguard Mega Cap Value ETF by 18.2% in the first quarter. Focus Partners Wealth now owns 10,769 shares of the company’s stock worth $1,387,000 after buying an additional 1,662 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of Vanguard Mega Cap Value ETF by 5.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,063 shares of the company’s stock valued at $533,000 after buying an additional 192 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Vanguard Mega Cap Value ETF by 4.9% during the 2nd quarter. NewEdge Advisors LLC now owns 12,167 shares of the company’s stock valued at $1,596,000 after buying an additional 570 shares during the period. HUB Investment Partners LLC lifted its position in Vanguard Mega Cap Value ETF by 7.9% during the 2nd quarter. HUB Investment Partners LLC now owns 2,906 shares of the company’s stock worth $381,000 after acquiring an additional 214 shares in the last quarter. Finally, Diversify Advisory Services LLC boosted its holdings in Vanguard Mega Cap Value ETF by 13.6% in the 2nd quarter. Diversify Advisory Services LLC now owns 15,656 shares of the company’s stock worth $2,073,000 after acquiring an additional 1,880 shares during the period.

Vanguard Mega Cap Value ETF Stock Up 0.5%

MGV opened at $166.79 on Friday. The firm has a market capitalization of $13.45 billion, a P/E ratio of 18.48 and a beta of 0.72. The firm’s 50 day moving average is $162.66 and its 200-day moving average is $154.59. Vanguard Mega Cap Value ETF has a 52-week low of $130.72 and a 52-week high of $167.30.

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.