Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Shares Sold by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC trimmed its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 8.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,189 shares of the company’s stock after selling 201 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Vanguard Mega Cap Value ETF were worth $281,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in Vanguard Mega Cap Value ETF during the 2nd quarter valued at approximately $30,000. Massmutual Trust Co. FSB ADV acquired a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter valued at approximately $36,000. CENTRAL TRUST Co acquired a new position in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at $40,000. Angeles Wealth Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at $46,000. Finally, WFA Asset Management Corp lifted its stake in shares of Vanguard Mega Cap Value ETF by 93.5% in the 3rd quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock valued at $61,000 after purchasing an additional 229 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

MGV opened at $128.76 on Friday. The firm has a fifty day moving average price of $129.97 and a 200 day moving average price of $125.01. Vanguard Mega Cap Value ETF has a 1 year low of $107.38 and a 1 year high of $133.82. The stock has a market cap of $7.98 billion, a P/E ratio of 18.88 and a beta of 0.66.

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.