Silver Oak Securities Incorporated Trims Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Silver Oak Securities Incorporated cut its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 69.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,042 shares of the company’s stock after selling 4,678 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Vanguard Mega Cap Value ETF were worth $223,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Life Planning Partners Inc purchased a new position in Vanguard Mega Cap Value ETF during the 4th quarter worth approximately $25,000. Chilton Capital Management LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth approximately $26,000. First Command Advisory Services Inc. acquired a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $81,000. Huntington National Bank acquired a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $90,000. Finally, Aspire Wealth Management Corp grew its stake in shares of Vanguard Mega Cap Value ETF by 11.7% during the 3rd quarter. Aspire Wealth Management Corp now owns 1,154 shares of the company’s stock worth $117,000 after purchasing an additional 121 shares during the period.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA MGV opened at $114.64 on Thursday. The stock has a market capitalization of $7.04 billion, a price-to-earnings ratio of 18.51 and a beta of 0.68. Vanguard Mega Cap Value ETF has a 12 month low of $96.77 and a 12 month high of $119.69. The firm’s 50 day simple moving average is $116.32 and its 200-day simple moving average is $110.14.

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.