MAI Capital Management Sells 1,719 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

MAI Capital Management decreased its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 5.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,234 shares of the company’s stock after selling 1,719 shares during the quarter. MAI Capital Management’s holdings in Vanguard Mega Cap Value ETF were worth $3,750,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in Vanguard Mega Cap Value ETF in the 2nd quarter valued at $30,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Vanguard Mega Cap Value ETF during the second quarter worth $34,000. Redmont Wealth Advisors LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the second quarter valued at about $35,000. Massmutual Trust Co. FSB ADV acquired a new position in shares of Vanguard Mega Cap Value ETF in the third quarter valued at about $36,000. Finally, CENTRAL TRUST Co bought a new position in Vanguard Mega Cap Value ETF during the third quarter worth about $40,000.

Vanguard Mega Cap Value ETF Stock Down 0.5 %

NYSEARCA MGV opened at $129.51 on Wednesday. The firm has a 50-day moving average price of $128.59 and a two-hundred day moving average price of $123.50. Vanguard Mega Cap Value ETF has a 12-month low of $103.28 and a 12-month high of $132.39. The company has a market capitalization of $8.03 billion, a P/E ratio of 18.88 and a beta of 0.66.

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.