ETF Portfolio Partners Inc. Decreases Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

ETF Portfolio Partners Inc. reduced its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 28.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 255,168 shares of the company’s stock after selling 100,638 shares during the quarter. Vanguard Mega Cap Value ETF comprises about 9.6% of ETF Portfolio Partners Inc.’s holdings, making the stock its 3rd biggest holding. ETF Portfolio Partners Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $31,873,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Massmutual Trust Co. FSB ADV purchased a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter worth approximately $36,000. CENTRAL TRUST Co purchased a new stake in shares of Vanguard Mega Cap Value ETF in the third quarter worth $40,000. Angeles Wealth Management LLC bought a new stake in Vanguard Mega Cap Value ETF during the third quarter valued at $46,000. WFA Asset Management Corp grew its position in Vanguard Mega Cap Value ETF by 93.5% during the third quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock worth $61,000 after buying an additional 229 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. increased its stake in Vanguard Mega Cap Value ETF by 65.2% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 570 shares of the company’s stock worth $73,000 after acquiring an additional 225 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.1 %

Shares of MGV opened at $130.89 on Monday. Vanguard Mega Cap Value ETF has a 12-month low of $110.33 and a 12-month high of $133.82. The company has a market cap of $8.11 billion, a PE ratio of 18.88 and a beta of 0.66. The stock has a 50-day moving average price of $128.33 and a 200-day moving average price of $126.73.

About Vanguard Mega Cap Value ETF

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.