Alpha Cubed Investments LLC Trims Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Alpha Cubed Investments LLC decreased its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,910 shares of the company’s stock after selling 362 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Vanguard Mega Cap Value ETF were worth $3,162,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in MGV. Morgan Stanley boosted its holdings in shares of Vanguard Mega Cap Value ETF by 7.6% in the 3rd quarter. Morgan Stanley now owns 2,656,447 shares of the company’s stock valued at $269,364,000 after purchasing an additional 186,705 shares during the last quarter. Lincoln National Corp grew its position in Vanguard Mega Cap Value ETF by 2.6% during the third quarter. Lincoln National Corp now owns 1,925,858 shares of the company’s stock valued at $195,282,000 after acquiring an additional 48,882 shares during the period. Ameriprise Financial Inc. increased its stake in Vanguard Mega Cap Value ETF by 13.0% during the third quarter. Ameriprise Financial Inc. now owns 872,199 shares of the company’s stock worth $88,431,000 after acquiring an additional 100,204 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Mega Cap Value ETF by 18.4% in the 3rd quarter. LPL Financial LLC now owns 737,689 shares of the company’s stock worth $74,802,000 after purchasing an additional 114,649 shares during the period. Finally, Black Diamond Financial LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 1.4% in the 3rd quarter. Black Diamond Financial LLC now owns 550,253 shares of the company’s stock valued at $55,796,000 after purchasing an additional 7,462 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

MGV traded down $1.45 on Tuesday, reaching $115.09. 256,277 shares of the company’s stock were exchanged, compared to its average volume of 178,326. Vanguard Mega Cap Value ETF has a twelve month low of $96.77 and a twelve month high of $119.69. The company’s 50 day moving average is $116.25 and its 200-day moving average is $110.01. The company has a market cap of $7.06 billion, a price-to-earnings ratio of 18.51 and a beta of 0.68.

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.