Vanguard Mega Cap Value ETF $MGV Shares Sold by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc reduced its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 17.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,137 shares of the company’s stock after selling 8,906 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in Vanguard Mega Cap Value ETF were worth $5,807,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Tucker Asset Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth $26,000. Cornerstone Planning Group LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth $28,000. Root Financial Partners LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth $29,000. Bay Harbor Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 4th quarter worth $33,000. Finally, Nemes Rush Group LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth $34,000.

Vanguard Mega Cap Value ETF Stock Down 0.1%

MGV opened at $157.76 on Thursday. The firm has a market cap of $12.28 billion, a PE ratio of 18.48 and a beta of 0.73. The business has a fifty day simple moving average of $150.21 and a 200-day simple moving average of $146.89. Vanguard Mega Cap Value ETF has a fifty-two week low of $125.78 and a fifty-two week high of $158.37.

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. The Fund will invest at least 80% of its assets in the stocks that make up its target Index.