Zeit Capital LLC Has $27.17 Million Stock Position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Zeit Capital LLC trimmed its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 211,776 shares of the company’s stock after selling 2,507 shares during the period. Vanguard Mega Cap Value ETF accounts for 20.8% of Zeit Capital LLC’s portfolio, making the stock its largest position. Zeit Capital LLC owned 0.34% of Vanguard Mega Cap Value ETF worth $27,167,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC increased its position 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 valued at $119,207,000 after buying an additional 348,936 shares in the last quarter. Strategic Financial Concepts LLC increased its position in Vanguard Mega Cap Value ETF by 11,467.1% during the 2nd quarter. Strategic Financial Concepts LLC now owns 240,132 shares of the company’s stock valued at $28,456,000 after buying an additional 238,056 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Vanguard Mega Cap Value ETF during the 2nd quarter valued at about $8,430,000. Walden Wealth Partners LLC acquired a new position in Vanguard Mega Cap Value ETF during the 4th quarter valued at about $6,731,000. Finally, Cetera Investment Advisers increased its position in Vanguard Mega Cap Value ETF by 335.7% during the 1st quarter. Cetera Investment Advisers now owns 75,686 shares of the company’s stock valued at $9,045,000 after buying an additional 58,314 shares in the last quarter.

Vanguard Mega Cap Value ETF Price Performance

Shares of NYSEARCA:MGV opened at $129.89 on Friday. The business’s 50-day moving average is $125.48 and its 200 day moving average is $121.01. Vanguard Mega Cap Value ETF has a 1 year low of $96.77 and a 1 year high of $130.00. The firm has a market capitalization of $8.05 billion, a P/E ratio of 18.88 and a beta of 0.66.

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.