FSC Wealth Advisors LLC Reduces Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

FSC Wealth Advisors LLC lessened its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 2.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,501 shares of the company’s stock after selling 1,203 shares during the quarter. Vanguard Mega Cap Value ETF comprises about 4.4% of FSC Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest position. FSC Wealth Advisors LLC owned about 0.08% of Vanguard Mega Cap Value ETF worth $6,764,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Ameriflex Group Inc. bought a new position in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth about $29,000. Allianz SE bought a new position in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth about $38,000. Coppell Advisory Solutions LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 316.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 329 shares of the company’s stock worth $41,000 after purchasing an additional 250 shares during the period. TD Waterhouse Canada Inc. increased its holdings in shares of Vanguard Mega Cap Value ETF by 144.9% during the 4th quarter. TD Waterhouse Canada Inc. now owns 338 shares of the company’s stock worth $42,000 after purchasing an additional 200 shares during the period. Finally, Beacon Capital Management LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 339.6% during the 1st quarter. Beacon Capital Management LLC now owns 444 shares of the company’s stock worth $57,000 after purchasing an additional 343 shares during the period.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA:MGV opened at $128.47 on Friday. The firm’s 50-day moving average is $125.46 and its 200-day moving average is $127.00. Vanguard Mega Cap Value ETF has a 52-week low of $112.25 and a 52-week high of $133.82. The company has a market cap of $9.28 billion, a price-to-earnings ratio of 18.98 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.