FSC Wealth Advisors LLC Sells 15,647 Shares of Vanguard Mega Cap Value ETF $MGV

FSC Wealth Advisors LLC decreased its holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 84.5% during the 1st quarter, Holdings Channel.com reports. The fund owned 2,861 shares of the company’s stock after selling 15,647 shares during the quarter. Vanguard Mega Cap Value ETF accounts for 7.9% of FSC Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. FSC Wealth Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $415,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Breakwater Capital Group grew its holdings in Vanguard Mega Cap Value ETF by 11.4% during the fourth quarter. Breakwater Capital Group now owns 146,115 shares of the company’s stock worth $20,626,000 after buying an additional 14,981 shares in the last quarter. Amara Financial LLC. lifted its stake in Vanguard Mega Cap Value ETF by 8.6% during the 4th quarter. Amara Financial LLC. now owns 57,216 shares of the company’s stock valued at $8,077,000 after acquiring an additional 4,520 shares in the last quarter. Sheridan Capital Management LLC boosted its holdings in Vanguard Mega Cap Value ETF by 4.3% during the 4th quarter. Sheridan Capital Management LLC now owns 144,775 shares of the company’s stock worth $20,437,000 after acquiring an additional 6,035 shares during the last quarter. Colorado Capital Management Inc. boosted its holdings in Vanguard Mega Cap Value ETF by 18.7% during the 4th quarter. Colorado Capital Management Inc. now owns 45,428 shares of the company’s stock worth $6,413,000 after acquiring an additional 7,160 shares during the last quarter. Finally, Bright Futures Wealth Management LLC. bought a new stake in shares of Vanguard Mega Cap Value ETF in the 3rd quarter worth $598,000.

Vanguard Mega Cap Value ETF Price Performance

Shares of MGV stock opened at $165.02 on Friday. The firm has a 50-day moving average of $156.26 and a 200-day moving average of $150.12. The company has a market cap of $12.84 billion, a P/E ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a one year low of $128.84 and a one year high of $166.02.

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