Boyd Wealth Management LLC Has $3.07 Million Stock Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Boyd Wealth Management LLC reduced its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 14.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,031 shares of the company’s stock after selling 4,681 shares during the quarter. Vanguard Mega Cap Value ETF comprises about 1.9% of Boyd Wealth Management LLC’s portfolio, making the stock its 12th biggest position. Boyd Wealth Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $3,066,000 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. Raymond James Financial Services Advisors Inc. increased its holdings in 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 increased its holdings in Vanguard Mega Cap Value ETF by 3.0% during the 3rd quarter. US Bancorp DE now owns 98,358 shares of the company’s stock worth $9,974,000 after purchasing an additional 2,858 shares in the last quarter. Center For Asset Management LLC increased its holdings in Vanguard Mega Cap Value ETF by 1.2% during the 4th quarter. Center For Asset Management LLC now owns 50,471 shares of the company’s stock worth $5,520,000 after purchasing an additional 599 shares in the last quarter. Creative Planning increased its holdings 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 purchasing an additional 35,256 shares in the last quarter. Finally, Morgan Stanley increased its holdings in Vanguard Mega Cap Value ETF by 7.6% during the 3rd quarter. Morgan Stanley now owns 2,656,447 shares of the company’s stock worth $269,364,000 after purchasing an additional 186,705 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

MGV traded up $0.89 during midday trading on Friday, reaching $114.63. 223,364 shares of the company were exchanged, compared to its average volume of 177,585. The company’s fifty day moving average price is $115.77 and its 200 day moving average price is $109.12. The company has a market cap of $7.03 billion, a price-to-earnings ratio of 18.58 and a beta of 0.86. Vanguard Mega Cap Value ETF has a one year low of $96.77 and a one year high of $119.69.

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.