ETF Portfolio Partners Inc. Sells 441,716 Shares of Vanguard Mega Cap Value ETF $MGV

ETF Portfolio Partners Inc. lowered its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 72.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 170,884 shares of the company’s stock after selling 441,716 shares during the quarter. Vanguard Mega Cap Value ETF accounts for about 6.9% of ETF Portfolio Partners Inc.’s investment portfolio, making the stock its 3rd biggest holding. ETF Portfolio Partners Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $27,528,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in MGV. Ascentis Independent Advisors bought a new stake in Vanguard Mega Cap Value ETF in the 1st quarter worth approximately $26,000. Kentucky Trust Co purchased a new position in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth $29,000. Root Financial Partners LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at $33,000. Adirondack Trust Co. purchased a new position in Vanguard Mega Cap Value ETF during the third quarter valued at $34,000. Finally, Financial Life Planners purchased a new stake in Vanguard Mega Cap Value ETF in the 1st quarter worth approximately $40,000.

Vanguard Mega Cap Value ETF Trading Down 0.7%

NYSEARCA MGV opened at $166.73 on Friday. The stock has a market cap of $13.95 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. The company’s 50 day moving average is $165.51 and its two-hundred day moving average is $161.15. Vanguard Mega Cap Value ETF has a 12 month low of $135.48 and a 12 month high of $169.84.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.