Vanguard Mega Cap Value ETF $MGV Shares Sold by Zhang Financial LLC

Zhang Financial LLC trimmed its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 48.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 15,262 shares of the company’s stock after selling 14,278 shares during the quarter. Zhang Financial LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,102,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MGV. Optiver Holding B.V. acquired a new stake in shares of Vanguard Mega Cap Value ETF in the third quarter valued at approximately $71,000. Avant Capital LLC increased its stake in shares of Vanguard Mega Cap Value ETF by 1.8% in the 3rd quarter. Avant Capital LLC now owns 35,209 shares of the company’s stock worth $4,850,000 after acquiring an additional 614 shares during the last quarter. Apriem Advisors raised its holdings in shares of Vanguard Mega Cap Value ETF by 10.2% during the 3rd quarter. Apriem Advisors now owns 248,084 shares of the company’s stock worth $34,171,000 after acquiring an additional 23,059 shares during the period. Cvfg LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 3.5% during the 3rd quarter. Cvfg LLC now owns 2,220 shares of the company’s stock valued at $306,000 after acquiring an additional 75 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. purchased a new stake in shares of Vanguard Mega Cap Value ETF in the third quarter valued at about $262,000.

Vanguard Mega Cap Value ETF Trading Up 0.3%

Vanguard Mega Cap Value ETF stock opened at $152.34 on Wednesday. The company has a 50-day moving average price of $146.97 and a 200 day moving average price of $140.66. Vanguard Mega Cap Value ETF has a 12-month low of $112.25 and a 12-month high of $154.03. The stock has a market cap of $11.59 billion, a P/E ratio of 18.48 and a beta of 0.80.

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.