Avior Wealth Management LLC Cuts Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Avior Wealth Management LLC reduced its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 125,518 shares of the company’s stock after selling 246 shares during the period. Avior Wealth Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $15,679,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MGV. Massmutual Trust Co. FSB ADV acquired a new position in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at $36,000. CENTRAL TRUST Co acquired a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter valued at $40,000. Angeles Wealth Management LLC purchased a new position in Vanguard Mega Cap Value ETF in the third quarter valued at about $46,000. WFA Asset Management Corp lifted its stake in shares of Vanguard Mega Cap Value ETF by 93.5% during the third quarter. WFA Asset Management Corp now owns 474 shares of the company’s stock worth $61,000 after purchasing an additional 229 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. boosted its position in shares of Vanguard Mega Cap Value ETF by 65.2% in the third quarter. Concourse Financial Group Securities Inc. now owns 570 shares of the company’s stock worth $73,000 after buying an additional 225 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $129.76 on Thursday. The firm has a market cap of $8.04 billion, a P/E ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a 1 year low of $110.02 and a 1 year high of $133.82. The stock has a 50-day simple moving average of $128.28 and a 200-day simple moving average of $126.55.

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.