LPL Financial LLC Has $151.49 Million Holdings in Vanguard Mega Cap Value ETF $MGV

LPL Financial LLC lowered its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,073,208 shares of the company’s stock after selling 11,983 shares during the quarter. LPL Financial LLC owned 1.41% of Vanguard Mega Cap Value ETF worth $151,494,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Focus Partners Wealth grew its position in Vanguard Mega Cap Value ETF by 18.2% during the first quarter. Focus Partners Wealth now owns 10,769 shares of the company’s stock valued at $1,387,000 after purchasing an additional 1,662 shares in the last quarter. Russell Investments Group Ltd. grew its position in Vanguard Mega Cap Value ETF by 5.0% during the second quarter. Russell Investments Group Ltd. now owns 4,063 shares of the company’s stock valued at $533,000 after purchasing an additional 192 shares in the last quarter. NewEdge Advisors LLC grew its position in Vanguard Mega Cap Value ETF by 4.9% during the second quarter. NewEdge Advisors LLC now owns 12,167 shares of the company’s stock valued at $1,596,000 after purchasing an additional 570 shares in the last quarter. HUB Investment Partners LLC grew its position in Vanguard Mega Cap Value ETF by 7.9% during the second quarter. HUB Investment Partners LLC now owns 2,906 shares of the company’s stock valued at $381,000 after purchasing an additional 214 shares in the last quarter. Finally, Diversify Advisory Services LLC grew its position in Vanguard Mega Cap Value ETF by 13.6% during the second quarter. Diversify Advisory Services LLC now owns 15,656 shares of the company’s stock valued at $2,073,000 after purchasing an additional 1,880 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV opened at $157.83 on Thursday. The company’s 50 day moving average price is $152.89 and its 200 day moving average price is $148.33. Vanguard Mega Cap Value ETF has a 52 week low of $127.95 and a 52 week high of $160.40. The company has a market capitalization of $12.28 billion, a PE ratio of 18.48 and a beta of 0.73.

Vanguard Mega Cap Value ETF Company 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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.