Strategic Financial Partners Ltd. Sells 135 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Strategic Financial Partners Ltd. lessened its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,146 shares of the company’s stock after selling 135 shares during the quarter. Vanguard Mega Cap Value ETF accounts for approximately 1.3% of Strategic Financial Partners Ltd.’s portfolio, making the stock its 19th largest holding. Strategic Financial Partners Ltd.’s holdings in Vanguard Mega Cap Value ETF were worth $2,516,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Huntington National Bank grew its stake in shares of Vanguard Mega Cap Value ETF by 295.5% during the third quarter. Huntington National Bank now owns 1,677 shares of the company’s stock valued at $215,000 after buying an additional 1,253 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its stake in shares of Vanguard Mega Cap Value ETF by 6.2% during the third quarter. Cassaday & Co Wealth Management LLC now owns 6,667 shares of the company’s stock valued at $855,000 after buying an additional 387 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new position in shares of Vanguard Mega Cap Value ETF during the third quarter valued at about $685,000. OneAscent Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF during the third quarter valued at about $911,000. Finally, Amara Financial LLC. bought a new position in shares of Vanguard Mega Cap Value ETF during the third quarter valued at about $6,027,000.

Vanguard Mega Cap Value ETF Trading Up 1.5 %

Shares of NYSEARCA:MGV opened at $127.48 on Friday. The stock’s 50-day moving average price is $129.51 and its 200-day moving average price is $128.73. Vanguard Mega Cap Value ETF has a 12-month low of $113.36 and a 12-month high of $133.82. The stock has a market capitalization of $8.64 billion, a P/E ratio of 20.16 and a beta of 0.85.

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.