Concorde Asset Management LLC Sells 2,690 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Concorde Asset Management LLC lowered its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 54.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,222 shares of the company’s stock after selling 2,690 shares during the period. Concorde Asset Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $263,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in MGV. LPL Financial LLC raised its stake in Vanguard Mega Cap Value ETF by 53.1% during the 2nd quarter. LPL Financial LLC now owns 1,005,969 shares of the company’s stock worth $119,207,000 after buying an additional 348,936 shares during the period. Strategic Financial Concepts LLC lifted its holdings in shares of Vanguard Mega Cap Value ETF by 11,467.1% in the 2nd quarter. Strategic Financial Concepts LLC now owns 240,132 shares of the company’s stock worth $28,456,000 after purchasing an additional 238,056 shares in the last quarter. Harbour Investments Inc. grew its position in Vanguard Mega Cap Value ETF by 6,023.8% in the 4th quarter. Harbour Investments Inc. now owns 154,810 shares of the company’s stock valued at $16,932,000 after purchasing an additional 152,282 shares during the period. Kestra Advisory Services LLC grew its position in Vanguard Mega Cap Value ETF by 43.6% in the 4th quarter. Kestra Advisory Services LLC now owns 280,345 shares of the company’s stock valued at $30,661,000 after purchasing an additional 85,138 shares during the period. Finally, Walden Wealth Partners LLC bought a new stake in Vanguard Mega Cap Value ETF during the 4th quarter valued at $6,731,000.

Vanguard Mega Cap Value ETF Trading Down 0.2 %

Vanguard Mega Cap Value ETF stock opened at $126.87 on Thursday. The firm has a market capitalization of $7.86 billion, a price-to-earnings ratio of 18.88 and a beta of 0.66. The firm’s fifty day moving average price is $123.48 and its two-hundred day moving average price is $119.65. Vanguard Mega Cap Value ETF has a 1-year low of $96.77 and a 1-year high of $128.38.

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.