Sequoia Financial Advisors LLC Sells 19,831 Shares of Vanguard Mega Cap Value ETF $MGV

Sequoia Financial Advisors LLC lowered its position in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 565,790 shares of the company’s stock after selling 19,831 shares during the period. Sequoia Financial Advisors LLC owned 0.74% of Vanguard Mega Cap Value ETF worth $79,867,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Valmark Advisers Inc. lifted its holdings in shares of Vanguard Mega Cap Value ETF by 2.9% during the fourth quarter. Valmark Advisers Inc. now owns 2,447 shares of the company’s stock worth $345,000 after buying an additional 69 shares in the last quarter. CVA Family Office LLC increased its position in Vanguard Mega Cap Value ETF by 0.3% during the fourth quarter. CVA Family Office LLC now owns 28,166 shares of the company’s stock worth $3,976,000 after acquiring an additional 74 shares during the period. Cvfg LLC raised its stake in Vanguard Mega Cap Value ETF by 3.5% in the 3rd quarter. Cvfg LLC now owns 2,220 shares of the company’s stock worth $306,000 after purchasing an additional 75 shares in the last quarter. Wealthcare Capital Partners LLC boosted its holdings in Vanguard Mega Cap Value ETF by 0.4% in the 4th quarter. Wealthcare Capital Partners LLC now owns 17,683 shares of the company’s stock valued at $2,496,000 after purchasing an additional 76 shares during the period. Finally, Encompass Wealth Advisors LLC grew its position in shares of Vanguard Mega Cap Value ETF by 0.3% during the 4th quarter. Encompass Wealth Advisors LLC now owns 29,028 shares of the company’s stock worth $4,098,000 after purchasing an additional 80 shares in the last quarter.

Vanguard Mega Cap Value ETF Trading Up 0.8%

Shares of MGV opened at $153.96 on Thursday. Vanguard Mega Cap Value ETF has a 12 month low of $123.68 and a 12 month high of $154.21. The firm’s 50 day moving average is $148.54 and its 200-day moving average is $145.03. The stock has a market capitalization of $11.98 billion, a PE ratio of 18.48 and a beta of 0.73.

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.