Vanguard Mega Cap Value ETF $MGV Position Trimmed by Phillips Financial Management LLC

Phillips Financial Management LLC decreased its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.2% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 56,249 shares of the company’s stock after selling 101 shares during the period. Phillips Financial Management LLC owned about 0.08% of Vanguard Mega Cap Value ETF worth $7,380,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MGV. Proathlete Wealth Management LLC acquired a new position in Vanguard Mega Cap Value ETF in the 2nd quarter worth approximately $25,000. NorthRock Partners LLC boosted its stake in Vanguard Mega Cap Value ETF by 100.0% in the 2nd quarter. NorthRock Partners LLC now owns 188 shares of the company’s stock worth $25,000 after purchasing an additional 94 shares during the period. North Capital Inc. acquired a new position in Vanguard Mega Cap Value ETF in the 1st quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new position in Vanguard Mega Cap Value ETF in the 1st quarter worth approximately $28,000. Finally, N.E.W. Advisory Services LLC acquired a new position in Vanguard Mega Cap Value ETF in the 1st quarter worth approximately $35,000.

Vanguard Mega Cap Value ETF Stock Performance

Vanguard Mega Cap Value ETF stock opened at $138.52 on Wednesday. The company has a 50 day moving average price of $136.10 and a 200 day moving average price of $130.43. Vanguard Mega Cap Value ETF has a 52 week low of $112.25 and a 52 week high of $139.08. The firm has a market capitalization of $10.29 billion, a price-to-earnings ratio of 18.48 and a beta of 0.86.

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.