Vanguard Mega Cap Value ETF $MGV Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,220,348 shares of the company’s stock after selling 3,454 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $168,091,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Florida Financial Advisors LLC grew its stake in shares of Vanguard Mega Cap Value ETF by 27.3% in the 3rd quarter. Florida Financial Advisors LLC now owns 12,854 shares of the company’s stock worth $1,770,000 after purchasing an additional 2,756 shares during the last quarter. Avid Wealth Partners LLC grew its position in Vanguard Mega Cap Value ETF by 5.9% in the third quarter. Avid Wealth Partners LLC now owns 92,804 shares of the company’s stock worth $12,848,000 after buying an additional 5,146 shares during the last quarter. Wedbush Securities Inc. increased its holdings in shares of Vanguard Mega Cap Value ETF by 47.7% in the third quarter. Wedbush Securities Inc. now owns 2,607 shares of the company’s stock valued at $359,000 after buying an additional 842 shares in the last quarter. Stratos Wealth Partners LTD. increased its holdings in shares of Vanguard Mega Cap Value ETF by 21.7% in the third quarter. Stratos Wealth Partners LTD. now owns 4,851 shares of the company’s stock valued at $668,000 after buying an additional 864 shares in the last quarter. Finally, Wesbanco Bank Inc. lifted its position in shares of Vanguard Mega Cap Value ETF by 0.4% during the 3rd quarter. Wesbanco Bank Inc. now owns 38,724 shares of the company’s stock valued at $5,334,000 after acquiring an additional 152 shares during the last quarter.

Vanguard Mega Cap Value ETF Trading Up 0.6%

NYSEARCA MGV opened at $152.65 on Monday. Vanguard Mega Cap Value ETF has a 1 year low of $112.25 and a 1 year high of $154.03. The company has a market cap of $11.61 billion, a PE ratio of 18.48 and a beta of 0.80. The stock’s 50-day moving average price is $145.40 and its two-hundred day moving average price is $139.57.

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.