Vanguard Mega Cap Value ETF (NYSEARCA:MGV) Holdings Cut by HB Wealth Management LLC

HB Wealth Management LLC lowered its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGVGet Rating) by 0.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,439 shares of the company’s stock after selling 142 shares during the quarter. HB Wealth Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $6,967,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE grew its stake in Vanguard Mega Cap Value ETF by 6.2% in the 1st quarter. Bank of America Corp DE now owns 4,338,434 shares of the company’s stock valued at $465,601,000 after buying an additional 252,166 shares during the last quarter. UBS Group AG grew its stake in Vanguard Mega Cap Value ETF by 3.7% in the 1st quarter. UBS Group AG now owns 1,396,097 shares of the company’s stock valued at $149,829,000 after buying an additional 50,351 shares during the last quarter. Beacon Pointe Advisors LLC grew its stake in Vanguard Mega Cap Value ETF by 3.4% in the 1st quarter. Beacon Pointe Advisors LLC now owns 484,780 shares of the company’s stock valued at $52,027,000 after buying an additional 15,919 shares during the last quarter. Royal Bank of Canada grew its stake in Vanguard Mega Cap Value ETF by 2.3% in the 1st quarter. Royal Bank of Canada now owns 464,001 shares of the company’s stock valued at $49,796,000 after buying an additional 10,420 shares during the last quarter. Finally, Advisor Group Holdings Inc. grew its position in Vanguard Mega Cap Value ETF by 28.6% in the 1st quarter. Advisor Group Holdings Inc. now owns 407,914 shares of the company’s stock worth $43,777,000 after purchasing an additional 90,674 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV traded down $2.26 during midday trading on Friday, hitting $92.31. The company had a trading volume of 17,033 shares, compared to its average volume of 358,984. The firm has a fifty day simple moving average of $99.36 and a two-hundred day simple moving average of $101.43. Vanguard Mega Cap Value ETF has a fifty-two week low of $92.80 and a fifty-two week high of $109.92.

Vanguard Mega Cap Value ETF Profile

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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.

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Institutional Ownership by Quarter for Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

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