Synergy Investment Management LLC Sells 367 Shares of Vanguard Mega Cap Value ETF $MGV

Synergy Investment Management LLC lessened its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 5,550 shares of the company’s stock after selling 367 shares during the quarter. Synergy Investment Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $728,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Landaas & Co. WI ADV lifted its position in Vanguard Mega Cap Value ETF by 9.5% during the second quarter. Landaas & Co. WI ADV now owns 5,186 shares of the company’s stock worth $680,000 after acquiring an additional 450 shares during the last quarter. Financial Gravity Companies Inc. bought a new position in shares of Vanguard Mega Cap Value ETF during the second quarter worth approximately $97,000. MTM Investment Management LLC acquired a new stake in Vanguard Mega Cap Value ETF during the 2nd quarter worth approximately $37,000. Westwood Holdings Group Inc. boosted its stake in Vanguard Mega Cap Value ETF by 1.7% in the 2nd quarter. Westwood Holdings Group Inc. now owns 36,450 shares of the company’s stock valued at $4,782,000 after purchasing an additional 600 shares during the period. Finally, Cetera Investment Advisers grew its holdings in Vanguard Mega Cap Value ETF by 36.5% in the 2nd quarter. Cetera Investment Advisers now owns 84,837 shares of the company’s stock valued at $11,131,000 after buying an additional 22,693 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

MGV opened at $137.15 on Tuesday. The stock has a fifty day moving average of $137.56 and a 200-day moving average of $132.88. The company has a market capitalization of $10.19 billion, a P/E ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a fifty-two week low of $112.25 and a fifty-two week high of $140.38.

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.