Vanguard Mega Cap Value ETF $MGV Shares Sold by Brookstone Capital Management

Brookstone Capital Management lowered its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 45.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,878 shares of the company’s stock after selling 1,548 shares during the period. Brookstone Capital Management’s holdings in Vanguard Mega Cap Value ETF were worth $246,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. D.A. Davidson & CO. grew its holdings in Vanguard Mega Cap Value ETF by 1.4% during the 2nd quarter. D.A. Davidson & CO. now owns 108,895 shares of the company’s stock worth $14,287,000 after acquiring an additional 1,536 shares in the last quarter. Fingerlakes Wealth Management Inc. grew its holdings in Vanguard Mega Cap Value ETF by 32.4% during the 2nd quarter. Fingerlakes Wealth Management Inc. now owns 40,883 shares of the company’s stock worth $5,364,000 after acquiring an additional 10,016 shares in the last quarter. Stephens Inc. AR grew its holdings in Vanguard Mega Cap Value ETF by 7.9% during the 2nd quarter. Stephens Inc. AR now owns 88,890 shares of the company’s stock worth $11,662,000 after acquiring an additional 6,515 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of Vanguard Mega Cap Value ETF by 63.5% during the 2nd quarter. International Assets Investment Management LLC now owns 4,185 shares of the company’s stock worth $549,000 after buying an additional 1,625 shares during the last quarter. Finally, Gladwyn Financial Advisors Inc. purchased a new stake in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth approximately $7,006,000.

Vanguard Mega Cap Value ETF Trading Down 0.6%

Shares of NYSEARCA:MGV opened at $138.82 on Wednesday. The company has a market capitalization of $10.32 billion, a PE ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a twelve month low of $112.25 and a twelve month high of $139.65. The firm has a 50 day simple moving average of $136.67 and a 200-day simple moving average of $131.22.

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.