Vanguard Mega Cap Value ETF $MGV Stock Sold by Sowell Financial Services LLC

Sowell Financial Services LLC lessened its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 58.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,697 shares of the company’s stock after selling 29,165 shares during the period. Sowell Financial Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $3,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MGV. Silicon Valley Capital Partners boosted its holdings in Vanguard Mega Cap Value ETF by 0.4% in the second quarter. Silicon Valley Capital Partners now owns 15,567 shares of the company’s stock valued at $2,544,000 after purchasing an additional 68 shares during the last quarter. Cyndeo Wealth Partners LLC grew its position in Vanguard Mega Cap Value ETF by 1.4% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 5,985 shares of the company’s stock worth $964,000 after purchasing an additional 83 shares during the period. AA Financial Advisors LLC raised its stake in shares of Vanguard Mega Cap Value ETF by 3.7% during the 1st quarter. AA Financial Advisors LLC now owns 2,442 shares of the company’s stock valued at $354,000 after buying an additional 88 shares during the last quarter. Valmark Advisers Inc. raised its stake in shares of Vanguard Mega Cap Value ETF by 4.0% during the 1st quarter. Valmark Advisers Inc. now owns 2,546 shares of the company’s stock valued at $369,000 after buying an additional 99 shares during the last quarter. Finally, Roberts Glore & Co. Inc. IL raised its stake in shares of Vanguard Mega Cap Value ETF by 0.6% during the 1st quarter. Roberts Glore & Co. Inc. IL now owns 18,903 shares of the company’s stock valued at $2,740,000 after buying an additional 114 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.2%

Shares of MGV stock opened at $166.64 on Thursday. The stock has a market cap of $13.94 billion, a PE ratio of 18.48 and a beta of 0.72. The business has a 50-day simple moving average of $165.57 and a 200-day simple moving average of $160.95. Vanguard Mega Cap Value ETF has a 52-week low of $135.48 and a 52-week high of $169.84.

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.