PFG Advisors Cuts Stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

PFG Advisors cut its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGVFree Report) by 7.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,004 shares of the company’s stock after selling 676 shares during the quarter. PFG Advisors’ holdings in Vanguard Mega Cap Value ETF were worth $875,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. JPMorgan Chase & Co. increased its stake in shares of Vanguard Mega Cap Value ETF by 2.0% during the first quarter. JPMorgan Chase & Co. now owns 59,288 shares of the company’s stock worth $6,363,000 after buying an additional 1,136 shares during the period. Bank of Montreal Can grew its holdings in Vanguard Mega Cap Value ETF by 312.5% during the 1st quarter. Bank of Montreal Can now owns 825 shares of the company’s stock worth $90,000 after acquiring an additional 625 shares in the last quarter. Blair William & Co. IL increased its position in shares of Vanguard Mega Cap Value ETF by 27.0% in the 1st quarter. Blair William & Co. IL now owns 5,764 shares of the company’s stock valued at $619,000 after purchasing an additional 1,224 shares during the last quarter. Baird Financial Group Inc. acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 1st quarter valued at $1,284,000. Finally, First Trust Advisors LP purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 1st quarter worth $2,521,000.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA:MGV opened at $119.03 on Tuesday. The business’s fifty day moving average price is $114.55 and its 200 day moving average price is $108.03. The firm has a market capitalization of $6.83 billion, a PE ratio of 15.80 and a beta of 0.86. Vanguard Mega Cap Value ETF has a 12 month low of $96.77 and a 12 month high of $119.69.

Vanguard Mega Cap Value ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

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