Lane & Associates LLC Sells 390 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Lane & Associates LLC reduced its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 19.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,587 shares of the company’s stock after selling 390 shares during the period. Lane & Associates LLC’s holdings in Vanguard Mega Cap Value ETF were worth $204,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MGV. Cerity Partners LLC raised its position in shares of Vanguard Mega Cap Value ETF by 12.3% during the third quarter. Cerity Partners LLC now owns 7,950 shares of the company’s stock worth $1,020,000 after acquiring an additional 868 shares during the last quarter. Great Valley Advisor Group Inc. raised its holdings in Vanguard Mega Cap Value ETF by 10.7% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 12,875 shares of the company’s stock worth $1,652,000 after purchasing an additional 1,240 shares during the last quarter. Flagstar Advisors Inc. lifted its position in shares of Vanguard Mega Cap Value ETF by 3.2% in the 3rd quarter. Flagstar Advisors Inc. now owns 8,428 shares of the company’s stock worth $1,081,000 after purchasing an additional 262 shares during the period. Meridian Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter valued at $668,000. Finally, Raymond James Trust N.A. increased its position in shares of Vanguard Mega Cap Value ETF by 7.4% during the third quarter. Raymond James Trust N.A. now owns 8,511 shares of the company’s stock worth $1,092,000 after buying an additional 584 shares during the period.

Vanguard Mega Cap Value ETF Stock Up 0.8 %

Shares of NYSEARCA MGV opened at $132.26 on Friday. The company has a market capitalization of $8.20 billion, a PE ratio of 18.88 and a beta of 0.66. Vanguard Mega Cap Value ETF has a twelve month low of $103.96 and a twelve month high of $132.39. The firm has a fifty day simple moving average of $128.92 and a 200 day simple moving average of $123.76.

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.