Mainsail Asset Management LLC Sells 354 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Mainsail Asset Management LLC trimmed its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 5,245 shares of the company’s stock after selling 354 shares during the period. Vanguard Mega Cap Value ETF makes up approximately 0.5% of Mainsail Asset Management LLC’s holdings, making the stock its 24th largest holding. Mainsail Asset Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $673,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the 2nd quarter worth about $30,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Vanguard Mega Cap Value ETF during the second quarter valued at approximately $34,000. Redmont Wealth Advisors LLC bought a new stake in shares of Vanguard Mega Cap Value ETF in the 2nd quarter worth approximately $35,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter worth approximately $36,000. Finally, GPS Wealth Strategies Group LLC increased its position in Vanguard Mega Cap Value ETF by 84.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 435 shares of the company’s stock valued at $52,000 after buying an additional 199 shares in the last quarter.

Vanguard Mega Cap Value ETF Trading Down 0.0 %

Shares of NYSEARCA:MGV opened at $130.72 on Friday. The stock has a fifty day simple moving average of $126.62 and a two-hundred day simple moving average of $121.41. Vanguard Mega Cap Value ETF has a 12-month low of $96.77 and a 12-month high of $131.09. The stock has a market capitalization of $8.10 billion, a price-to-earnings 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.