Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Sold by Synovus Financial Corp

Synovus Financial Corp decreased its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 43.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,957 shares of the company’s stock after selling 2,313 shares during the quarter. Synovus Financial Corp’s holdings in Vanguard Mega Cap Value ETF were worth $370,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Life Planners acquired a new position in Vanguard Mega Cap Value ETF during the fourth quarter worth approximately $34,000. Allianz SE acquired a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at $38,000. Tanglewood Legacy Advisors LLC purchased a new stake in Vanguard Mega Cap Value ETF in the 4th quarter valued at $54,000. Mascoma Wealth Management LLC acquired a new stake in Vanguard Mega Cap Value ETF during the 4th quarter worth $74,000. Finally, Sachetta LLC purchased a new position in Vanguard Mega Cap Value ETF during the 4th quarter worth $95,000.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV opened at $120.37 on Friday. Vanguard Mega Cap Value ETF has a one year low of $112.25 and a one year high of $133.82. The firm has a market cap of $8.38 billion, a PE ratio of 18.80 and a beta of 0.80. The firm’s fifty day moving average is $127.18 and its two-hundred day moving average is $128.30.

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.