Vanguard Mega Cap Value ETF $MGV Stock Position Trimmed by Compass Planning Associates Inc

Compass Planning Associates Inc cut its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 21.4% in the third quarter, Holdings Channel reports. The institutional investor owned 26,083 shares of the company’s stock after selling 7,115 shares during the period. Vanguard Mega Cap Value ETF makes up about 3.3% of Compass Planning Associates Inc’s investment portfolio, making the stock its 8th biggest holding. Compass Planning Associates Inc’s holdings in Vanguard Mega Cap Value ETF were worth $3,593,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp lifted its holdings in shares of Vanguard Mega Cap Value ETF by 100.8% in the 1st quarter. Jones Financial Companies Lllp now owns 48,093 shares of the company’s stock worth $6,196,000 after acquiring an additional 24,141 shares during the last quarter. Signature Estate & Investment Advisors LLC raised its position in Vanguard Mega Cap Value ETF by 363.5% in the 1st quarter. Signature Estate & Investment Advisors LLC now owns 8,922 shares of the company’s stock worth $1,150,000 after purchasing an additional 6,997 shares during the period. Ascent Group LLC lifted its stake in Vanguard Mega Cap Value ETF by 1.9% in the first quarter. Ascent Group LLC now owns 8,184 shares of the company’s stock worth $1,054,000 after purchasing an additional 152 shares during the last quarter. SCS Capital Management LLC bought a new stake in Vanguard Mega Cap Value ETF in the first quarter worth about $1,010,000. Finally, Focus Partners Wealth boosted its position in shares of Vanguard Mega Cap Value ETF by 18.2% during the first quarter. Focus Partners Wealth now owns 10,769 shares of the company’s stock valued at $1,387,000 after buying an additional 1,662 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

MGV opened at $145.15 on Wednesday. The stock’s 50 day moving average price is $139.89 and its 200-day moving average price is $136.38. Vanguard Mega Cap Value ETF has a one year low of $112.25 and a one year high of $145.35. The stock has a market cap of $10.98 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80.

Vanguard Mega Cap Value ETF 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.