Americana Partners LLC Has $1.07 Million Holdings in Vanguard Mega Cap Value ETF $MGV

Americana Partners LLC reduced its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 59.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 7,594 shares of the company’s stock after selling 11,035 shares during the quarter. Americana Partners LLC’s holdings in Vanguard Mega Cap Value ETF were worth $1,072,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MGV. Focus Partners Wealth raised its holdings in Vanguard Mega Cap Value ETF by 18.2% during the 1st quarter. Focus Partners Wealth now owns 10,769 shares of the company’s stock worth $1,387,000 after purchasing an additional 1,662 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in Vanguard Mega Cap Value ETF by 5.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,063 shares of the company’s stock worth $533,000 after purchasing an additional 192 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Vanguard Mega Cap Value ETF by 4.9% during the 2nd quarter. NewEdge Advisors LLC now owns 12,167 shares of the company’s stock worth $1,596,000 after purchasing an additional 570 shares during the last quarter. HUB Investment Partners LLC raised its holdings in Vanguard Mega Cap Value ETF by 7.9% during the 2nd quarter. HUB Investment Partners LLC now owns 2,906 shares of the company’s stock worth $381,000 after purchasing an additional 214 shares during the last quarter. Finally, Diversify Advisory Services LLC raised its holdings in Vanguard Mega Cap Value ETF by 13.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 15,656 shares of the company’s stock worth $2,073,000 after purchasing an additional 1,880 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV opened at $156.96 on Monday. The stock has a market capitalization of $12.21 billion, a P/E ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a 1-year low of $124.25 and a 1-year high of $157.46. The business has a 50-day moving average price of $149.55 and a two-hundred day moving average price of $146.45.

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.