Wharton Business Group LLC Sells 2,220 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Wharton Business Group LLC reduced its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGVFree Report) by 30.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,050 shares of the company’s stock after selling 2,220 shares during the quarter. Wharton Business Group LLC’s holdings in Vanguard Mega Cap Value ETF were worth $552,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Raymond James Financial Services Advisors Inc. increased its position in shares of Vanguard Mega Cap Value ETF by 20.7% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 92,833 shares of the company’s stock worth $9,413,000 after purchasing an additional 15,897 shares in the last quarter. US Bancorp DE raised its stake in shares of Vanguard Mega Cap Value ETF by 3.0% in the third quarter. US Bancorp DE now owns 98,358 shares of the company’s stock valued at $9,974,000 after acquiring an additional 2,858 shares during the last quarter. Cedrus LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 7.4% in the 4th quarter. Cedrus LLC now owns 51,243 shares of the company’s stock worth $5,605,000 after acquiring an additional 3,524 shares in the last quarter. Center For Asset Management LLC boosted its holdings in shares of Vanguard Mega Cap Value ETF by 1.2% in the 4th quarter. Center For Asset Management LLC now owns 50,471 shares of the company’s stock worth $5,520,000 after acquiring an additional 599 shares in the last quarter. Finally, Creative Planning grew its position in Vanguard Mega Cap Value ETF by 163.8% during the 3rd quarter. Creative Planning now owns 56,777 shares of the company’s stock worth $5,757,000 after acquiring an additional 35,256 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.4 %

MGV traded up $0.47 during trading on Friday, hitting $118.55. The company’s stock had a trading volume of 99,268 shares, compared to its average volume of 176,129. The stock has a market capitalization of $7.28 billion, a price-to-earnings ratio of 18.51 and a beta of 0.68. The firm’s 50 day moving average price is $116.57 and its two-hundred day moving average price is $110.73. Vanguard Mega Cap Value ETF has a 12 month low of $96.77 and a 12 month high of $119.69.

Vanguard Mega Cap Value ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

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