Vanguard Mega Cap Value ETF $MGV Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. cut its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 473,602 shares of the company’s stock after selling 14,935 shares during the period. Rockefeller Capital Management L.P.’s holdings in Vanguard Mega Cap Value ETF were worth $62,137,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Addison Advisors LLC increased its stake in Vanguard Mega Cap Value ETF by 9.9% during the second quarter. Addison Advisors LLC now owns 4,265 shares of the company’s stock worth $560,000 after purchasing an additional 385 shares during the period. Avior Wealth Management LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 8.7% in the second quarter. Avior Wealth Management LLC now owns 135,528 shares of the company’s stock valued at $17,783,000 after purchasing an additional 10,792 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in Vanguard Mega Cap Value ETF during the 2nd quarter worth approximately $758,000. Welch Group LLC increased its stake in Vanguard Mega Cap Value ETF by 11.5% during the 2nd quarter. Welch Group LLC now owns 3,147 shares of the company’s stock worth $413,000 after buying an additional 325 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Vanguard Mega Cap Value ETF by 4.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 78,059 shares of the company’s stock worth $10,412,000 after buying an additional 3,357 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Down 0.3%

Shares of MGV stock opened at $138.48 on Monday. The firm has a 50 day moving average of $137.50 and a two-hundred day moving average of $132.78. The stock has a market capitalization of $10.29 billion, a PE ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a 52 week low of $112.25 and a 52 week high of $140.38.

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.