Trademark Financial Management LLC Has $3.82 Million Position in Vanguard Mega Cap Value ETF $MGV

Trademark Financial Management LLC trimmed its holdings in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 33.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,080 shares of the company’s stock after selling 13,711 shares during the quarter. Vanguard Mega Cap Value ETF accounts for about 2.1% of Trademark Financial Management LLC’s portfolio, making the stock its 16th largest position. Trademark Financial Management LLC’s holdings in Vanguard Mega Cap Value ETF were worth $3,823,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MGV. Vantagepoint Investment Advisers LLC bought a new position in Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $115,536,000. Merit Financial Group LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 51.7% during the 4th quarter. Merit Financial Group LLC now owns 1,261,768 shares of the company’s stock valued at $178,111,000 after purchasing an additional 429,853 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter valued at about $46,132,000. Bank of America Corp DE grew its stake in Vanguard Mega Cap Value ETF by 7.9% during the second quarter. Bank of America Corp DE now owns 4,384,642 shares of the company’s stock worth $575,265,000 after purchasing an additional 319,194 shares during the period. Finally, Assetmark Inc. increased its holdings in Vanguard Mega Cap Value ETF by 2.1% in the fourth quarter. Assetmark Inc. now owns 15,430,686 shares of the company’s stock worth $2,178,196,000 after purchasing an additional 312,445 shares in the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

Shares of MGV opened at $149.44 on Wednesday. The firm has a market cap of $11.63 billion, a PE ratio of 18.48 and a beta of 0.75. Vanguard Mega Cap Value ETF has a 52-week low of $119.01 and a 52-week high of $154.03. The business’s 50 day moving average price is $148.80 and its two-hundred day moving average price is $144.16.

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.