Sequoia Financial Advisors LLC Has $79.25 Million Stock Position in Vanguard Mega Cap Value ETF $MGV

Sequoia Financial Advisors LLC cut its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 3.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 546,743 shares of the company’s stock after selling 19,047 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 0.70% of Vanguard Mega Cap Value ETF worth $79,250,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Breakwater Capital Group boosted its stake 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. grew its stake in shares of Vanguard Mega Cap Value ETF by 8.6% in the 4th quarter. Amara Financial LLC. now owns 57,216 shares of the company’s stock valued at $8,077,000 after purchasing an additional 4,520 shares during the period. Sheridan Capital Management LLC boosted its stake in Vanguard Mega Cap Value ETF by 4.3% in the 4th quarter. Sheridan Capital Management LLC now owns 144,775 shares of the company’s stock valued at $20,437,000 after buying an additional 6,035 shares in the last quarter. Colorado Capital Management Inc. grew 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 valued at $6,413,000 after acquiring an additional 7,160 shares during the period. Finally, Oxinas Partners LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 4th quarter valued at $1,040,000.

Vanguard Mega Cap Value ETF Stock Performance

Shares of NYSEARCA MGV traded up $0.40 during mid-day trading on Friday, hitting $163.60. 186,570 shares of the stock were exchanged, compared to its average volume of 269,196. The company has a market cap of $13.19 billion, a P/E ratio of 18.48 and a beta of 0.72. Vanguard Mega Cap Value ETF has a twelve month low of $128.84 and a twelve month high of $166.02. The stock’s fifty day simple moving average is $159.24 and its two-hundred day simple moving average is $151.77.

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.