Quadcap Wealth Management LLC Sells 6,682 Shares of Vanguard Mega Cap Value ETF $MGV

Quadcap Wealth Management LLC cut its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 9.1% during the 1st quarter, HoldingsChannel reports. The firm owned 67,028 shares of the company’s stock after selling 6,682 shares during the quarter. Vanguard Mega Cap Value ETF comprises about 1.1% of Quadcap Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Quadcap Wealth Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $9,716,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Tucker Asset Management LLC acquired a new position in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at $26,000. Ascentis Independent Advisors bought a new stake in shares of Vanguard Mega Cap Value ETF in the 1st quarter valued at $26,000. Bay Harbor Wealth Management LLC acquired a new stake in Vanguard Mega Cap Value ETF during the 4th quarter worth $33,000. Key Financial Inc raised its stake in Vanguard Mega Cap Value ETF by 511.1% during the 4th quarter. Key Financial Inc now owns 275 shares of the company’s stock worth $39,000 after buying an additional 230 shares during the period. Finally, Financial Life Planners bought a new position in Vanguard Mega Cap Value ETF during the first quarter worth about $40,000.

Vanguard Mega Cap Value ETF Trading Up 0.3%

MGV stock opened at $164.21 on Friday. Vanguard Mega Cap Value ETF has a 1-year low of $128.84 and a 1-year high of $166.02. The firm has a market cap of $13.24 billion, a PE ratio of 18.48 and a beta of 0.72. The business’s 50-day moving average price is $160.98 and its two-hundred day moving average price is $153.22.

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.