Silicon Valley Capital Partners Sells 11,223 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Silicon Valley Capital Partners cut its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 29.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,531 shares of the company’s stock after selling 11,223 shares during the quarter. Silicon Valley Capital Partners’ holdings in Vanguard Mega Cap Value ETF were worth $3,439,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Assetmark Inc. increased its holdings in Vanguard Mega Cap Value ETF by 4.1% in the 3rd quarter. Assetmark Inc. now owns 13,969,433 shares of the company’s stock worth $1,791,999,000 after buying an additional 548,728 shares in the last quarter. World Investment Advisors LLC bought a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter worth about $59,884,000. Strategic Financial Concepts LLC increased its holdings in Vanguard Mega Cap Value ETF by 12,397.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 243,707 shares of the company’s stock worth $30,441,000 after buying an additional 241,757 shares in the last quarter. Redhawk Wealth Advisors Inc. bought a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter worth about $25,554,000. Finally, Brophy Wealth Management LLC bought a new stake in Vanguard Mega Cap Value ETF in the 3rd quarter worth about $16,744,000.

Vanguard Mega Cap Value ETF Stock Performance

NYSEARCA MGV opened at $130.54 on Monday. The company has a market capitalization of $8.09 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. The stock has a 50-day moving average of $128.13 and a 200 day moving average of $127.36. Vanguard Mega Cap Value ETF has a one year low of $110.66 and a one year high of $133.82.

Vanguard Mega Cap Value ETF Company 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.