Worth Asset Management LLC Decreases Stake in Vanguard Mega Cap Value ETF $MGV

Worth Asset Management LLC lessened its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 24.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,316 shares of the company’s stock after selling 5,168 shares during the period. Vanguard Mega Cap Value ETF makes up approximately 0.9% of Worth Asset Management LLC’s portfolio, making the stock its 20th biggest holding. Worth Asset Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,667,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Valmark Advisers Inc. grew its position in Vanguard Mega Cap Value ETF by 2.9% during the fourth quarter. Valmark Advisers Inc. now owns 2,447 shares of the company’s stock valued at $345,000 after acquiring an additional 69 shares during the period. Encompass Wealth Advisors LLC raised its holdings in shares of Vanguard Mega Cap Value ETF by 0.3% in the 4th quarter. Encompass Wealth Advisors LLC now owns 29,028 shares of the company’s stock worth $4,098,000 after purchasing an additional 80 shares during the period. Wedbush Securities Inc. raised its holdings in shares of Vanguard Mega Cap Value ETF by 3.1% in the 4th quarter. Wedbush Securities Inc. now owns 2,687 shares of the company’s stock worth $379,000 after purchasing an additional 80 shares during the period. Bowman & Co S.C. raised its holdings in shares of Vanguard Mega Cap Value ETF by 0.7% in the 4th quarter. Bowman & Co S.C. now owns 11,788 shares of the company’s stock worth $1,664,000 after purchasing an additional 81 shares during the period. Finally, Visionary Wealth Advisors lifted its stake in shares of Vanguard Mega Cap Value ETF by 1.0% in the 2nd quarter. Visionary Wealth Advisors now owns 8,107 shares of the company’s stock valued at $1,064,000 after purchasing an additional 82 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA MGV opened at $166.79 on Friday. Vanguard Mega Cap Value ETF has a 1-year low of $130.72 and a 1-year high of $167.30. The firm has a market capitalization of $13.45 billion, a P/E ratio of 18.48 and a beta of 0.72. The business’s 50-day simple moving average is $162.66 and its 200-day simple moving average is $154.59.

About Vanguard Mega Cap Value ETF

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.