Level Four Advisory Services LLC Has $908,000 Stock Holdings in Vanguard Mega Cap Value ETF (NYSEARCA:MGV)

Level Four Advisory Services LLC lowered its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 1.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,268 shares of the company’s stock after selling 92 shares during the period. Level Four Advisory Services LLC’s holdings in Vanguard Mega Cap Value ETF were worth $908,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Financial Life Planners acquired a new position in Vanguard Mega Cap Value ETF during the fourth quarter worth $34,000. Tanglewood Legacy Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Value ETF in the 4th quarter worth about $54,000. Mascoma Wealth Management LLC bought a new position in Vanguard Mega Cap Value ETF in the 4th quarter valued at about $74,000. Sachetta LLC acquired a new position in Vanguard Mega Cap Value ETF during the 4th quarter valued at about $95,000. Finally, Legacy Investment Solutions LLC bought a new stake in Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $108,000.

Vanguard Mega Cap Value ETF Stock Down 1.2 %

MGV stock opened at $127.29 on Monday. The firm has a market capitalization of $8.77 billion, a PE ratio of 20.13 and a beta of 0.85. Vanguard Mega Cap Value ETF has a twelve month low of $113.36 and a twelve month high of $133.82. The stock’s 50 day moving average is $130.11 and its 200-day moving average is $128.99.

Vanguard Mega Cap Value ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.6838 per share. The ex-dividend date is Thursday, March 27th.

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.