Boyd Wealth Management LLC Trims Stock Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Boyd Wealth Management LLC cut its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 14.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 28,031 shares of the company’s stock after selling 4,681 shares during the quarter. Vanguard Mega Cap Value ETF makes up approximately 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of MGV. Life Planning Partners Inc acquired a new stake in shares of Vanguard Mega Cap Value ETF during the fourth quarter valued at about $25,000. International Assets Investment Management LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the third quarter valued at about $26,000. Chilton Capital Management LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF during the fourth quarter valued at about $26,000. AdvisorNet Financial Inc acquired a new stake in shares of Vanguard Mega Cap Value ETF during the third quarter valued at about $30,000. Finally, First Horizon Advisors Inc. increased its position in shares of Vanguard Mega Cap Value ETF by 95.5% during the first quarter. First Horizon Advisors Inc. now owns 565 shares of the company’s stock valued at $57,000 after acquiring an additional 276 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.8 %

Shares of MGV traded up $0.89 during trading on Friday, reaching $114.63. 223,364 shares of the company traded hands, compared to its average volume of 177,585. Vanguard Mega Cap Value ETF has a twelve month low of $96.77 and a twelve month high of $119.69. The stock has a market cap of $7.03 billion, a PE ratio of 18.58 and a beta of 0.86. The stock has a 50-day simple moving average of $115.77 and a 200-day simple moving average of $109.12.

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.