Arcadia Investment Advisors LLC Has $2.75 Million Position in Vanguard Mega Cap Value ETF $MGV

Arcadia Investment Advisors LLC lessened its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 74.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,453 shares of the company’s stock after selling 55,714 shares during the period. Vanguard Mega Cap Value ETF accounts for about 1.3% of Arcadia Investment Advisors LLC’s portfolio, making the stock its 23rd biggest position. Arcadia Investment Advisors LLC’s holdings in Vanguard Mega Cap Value ETF were worth $2,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the stock. Cornerstone Planning Group LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth approximately $28,000. Kilter Group LLC bought a new position in shares of Vanguard Mega Cap Value ETF in the 2nd quarter valued at $29,000. Root Financial Partners LLC acquired a new position in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth $29,000. Dynamic Wealth Strategies LLC bought a new stake in shares of Vanguard Mega Cap Value ETF during the 2nd quarter worth $30,000. Finally, First Horizon Corp bought a new stake in shares of Vanguard Mega Cap Value ETF during the 3rd quarter worth $34,000.

Vanguard Mega Cap Value ETF Price Performance

MGV stock opened at $144.95 on Wednesday. The company has a 50 day simple moving average of $149.00 and a 200 day simple moving average of $143.00. The stock has a market cap of $11.03 billion, a price-to-earnings ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a 1 year low of $112.25 and a 1 year high of $154.03.

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.