Trademark Financial Management LLC Lowers Stock Position in Vanguard Mega Cap Value ETF $MGV

Trademark Financial Management LLC cut its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 33.6% during the 4th quarter, Holdings Channel reports. The firm owned 27,080 shares of the company’s stock after selling 13,711 shares during the quarter. Vanguard Mega Cap Value ETF makes up approximately 2.1% of Trademark Financial Management LLC’s holdings, making the stock its 16th largest holding. Trademark Financial Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $3,823,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Vanguard Mega Cap Value ETF by 12.4% during the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 113,170 shares of the company’s stock worth $15,588,000 after purchasing an additional 12,507 shares during the period. Fingerlakes Wealth Management Inc. increased its holdings in Vanguard Mega Cap Value ETF by 15.3% during the third quarter. Fingerlakes Wealth Management Inc. now owns 47,143 shares of the company’s stock worth $6,494,000 after buying an additional 6,260 shares during the last quarter. Breakwater Capital Group raised its position in Vanguard Mega Cap Value ETF by 11.4% in the fourth quarter. Breakwater Capital Group now owns 146,115 shares of the company’s stock worth $20,626,000 after acquiring an additional 14,981 shares during the period. Colorado Capital Management Inc. raised its position in Vanguard Mega Cap Value ETF by 18.7% in the fourth 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 period. Finally, Brighton Jones LLC purchased a new position in Vanguard Mega Cap Value ETF in the third quarter valued at about $695,000.

Vanguard Mega Cap Value ETF Stock Down 0.7%

Vanguard Mega Cap Value ETF stock opened at $149.44 on Wednesday. The firm has a 50 day moving average price of $148.80 and a 200-day moving average price of $144.16. Vanguard Mega Cap Value ETF has a twelve month low of $119.01 and a twelve month high of $154.03. The company has a market capitalization of $11.63 billion, a P/E ratio of 18.48 and a beta of 0.75.

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