Geneos Wealth Management Inc. Sells 6,346 Shares of Vanguard Mega Cap Value ETF $MGV

Geneos Wealth Management Inc. lowered its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 78.6% in the 1st quarter, HoldingsChannel reports. The fund owned 1,729 shares of the company’s stock after selling 6,346 shares during the period. Geneos Wealth Management Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $251,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC boosted its position in Vanguard Mega Cap Value ETF by 2.5% during the first quarter. Sanctuary Advisors LLC now owns 88,554 shares of the company’s stock worth $12,836,000 after purchasing an additional 2,133 shares during the period. Roberts Glore & Co. Inc. IL grew its stake in Vanguard Mega Cap Value ETF by 0.6% in the 1st quarter. Roberts Glore & Co. Inc. IL now owns 18,903 shares of the company’s stock valued at $2,740,000 after buying an additional 114 shares in the last quarter. AMG National Trust Bank grew its stake in Vanguard Mega Cap Value ETF by 9.0% in the 1st quarter. AMG National Trust Bank now owns 2,290 shares of the company’s stock valued at $332,000 after buying an additional 190 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in Vanguard Mega Cap Value ETF by 2.5% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 121,428 shares of the company’s stock valued at $17,601,000 after acquiring an additional 2,916 shares during the period. Finally, NWF Advisory Services Inc. bought a new stake in Vanguard Mega Cap Value ETF during the 1st quarter valued at $230,000.

Vanguard Mega Cap Value ETF Price Performance

NYSEARCA:MGV opened at $162.61 on Wednesday. The company has a market cap of $13.11 billion, a P/E ratio of 18.48 and a beta of 0.72. The stock’s fifty day moving average price is $160.46 and its two-hundred day moving average price is $152.84. Vanguard Mega Cap Value ETF has a 1 year low of $128.84 and a 1 year high of $166.02.

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.