Raab & Moskowitz Asset Management LLC Sells 360 Shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Raab & Moskowitz Asset Management LLC trimmed its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 6.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,101 shares of the company’s stock after selling 360 shares during the period. Raab & Moskowitz Asset Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $558,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Morgan Stanley increased its position in Vanguard Mega Cap Value ETF by 7.6% in the 3rd quarter. Morgan Stanley now owns 2,656,447 shares of the company’s stock worth $269,364,000 after buying an additional 186,705 shares during the period. Lincoln National Corp increased its position in Vanguard Mega Cap Value ETF by 2.6% in the 3rd quarter. Lincoln National Corp now owns 1,925,858 shares of the company’s stock worth $195,282,000 after buying an additional 48,882 shares during the period. Ameriprise Financial Inc. increased its position in Vanguard Mega Cap Value ETF by 13.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 872,199 shares of the company’s stock worth $88,431,000 after buying an additional 100,204 shares during the period. LPL Financial LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 18.4% during the 3rd quarter. LPL Financial LLC now owns 737,689 shares of the company’s stock worth $74,802,000 after purchasing an additional 114,649 shares in the last quarter. Finally, Black Diamond Financial LLC grew its holdings in shares of Vanguard Mega Cap Value ETF by 1.4% during the 3rd quarter. Black Diamond Financial LLC now owns 550,253 shares of the company’s stock worth $55,796,000 after purchasing an additional 7,462 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA:MGV traded down $0.11 during trading on Friday, hitting $116.05. 139,552 shares of the stock were exchanged, compared to its average volume of 177,648. Vanguard Mega Cap Value ETF has a 1-year low of $96.77 and a 1-year high of $119.69. The company has a market capitalization of $7.12 billion, a price-to-earnings ratio of 18.51 and a beta of 0.68. The company’s fifty day simple moving average is $116.18 and its 200-day simple moving average is $109.78.

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.