Sigma Planning Corp Reduces Stock Holdings in Vanguard Mega Cap Value ETF $MGV

Sigma Planning Corp cut its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 35.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,859 shares of the company’s stock after selling 5,328 shares during the period. Sigma Planning Corp’s holdings in Vanguard Mega Cap Value ETF were worth $1,429,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in MGV. Ascentis Independent Advisors purchased a new position in Vanguard Mega Cap Value ETF during the 1st quarter valued at about $26,000. Tucker Asset Management LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF in the fourth quarter valued at about $26,000. Bay Harbor Wealth Management LLC purchased a new stake in shares of Vanguard Mega Cap Value ETF in the fourth quarter valued at about $33,000. Key Financial Inc grew its position in shares of Vanguard Mega Cap Value ETF by 511.1% in the fourth quarter. Key Financial Inc now owns 275 shares of the company’s stock valued at $39,000 after purchasing an additional 230 shares during the last quarter. Finally, Financial Life Planners acquired a new stake in shares of Vanguard Mega Cap Value ETF in the first quarter valued at approximately $40,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV opened at $161.83 on Friday. Vanguard Mega Cap Value ETF has a 1-year low of $128.84 and a 1-year high of $166.02. The stock has a market cap of $13.05 billion, a price-to-earnings ratio of 18.48 and a beta of 0.72. The firm has a 50 day simple moving average of $160.18 and a 200-day simple moving average of $152.48.

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