PFG Private Wealth Management LLC Lowers Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

PFG Private Wealth Management LLC trimmed its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 42,572 shares of the company’s stock after selling 1,717 shares during the quarter. Vanguard Mega Cap Value ETF makes up 3.0% of PFG Private Wealth Management LLC’s portfolio, making the stock its 12th biggest position. PFG Private Wealth Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $5,318,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in MGV. Farther Finance Advisors LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 2,396.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,347 shares of the company’s stock worth $301,000 after purchasing an additional 2,253 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 6.7% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 19,500 shares of the company’s stock worth $2,501,000 after purchasing an additional 1,222 shares during the last quarter. Dechtman Wealth Management LLC acquired a new position in Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $6,533,000. Trademark Financial Management LLC increased its position in Vanguard Mega Cap Value ETF by 84.6% during the 3rd quarter. Trademark Financial Management LLC now owns 39,723 shares of the company’s stock valued at $5,096,000 after buying an additional 18,210 shares in the last quarter. Finally, Leavell Investment Management Inc. increased its position in Vanguard Mega Cap Value ETF by 4.4% during the 3rd quarter. Leavell Investment Management Inc. now owns 135,705 shares of the company’s stock valued at $17,408,000 after buying an additional 5,689 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV opened at $129.65 on Thursday. The business’s 50-day moving average is $129.19 and its 200 day moving average is $128.61. Vanguard Mega Cap Value ETF has a 1 year low of $113.36 and a 1 year high of $133.82. The firm has a market capitalization of $8.70 billion, a P/E ratio of 20.60 and a beta of 0.86.

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.