Sheridan Capital Management LLC Purchases 6,262 Shares of Vanguard Mega Cap Value ETF $MGV

Sheridan Capital Management LLC boosted its position in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 4.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 138,740 shares of the company’s stock after acquiring an additional 6,262 shares during the period. Vanguard Mega Cap Value ETF accounts for about 10.1% of Sheridan Capital Management LLC’s holdings, making the stock its 4th biggest position. Sheridan Capital Management LLC owned approximately 0.19% of Vanguard Mega Cap Value ETF worth $19,110,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Focus Partners Wealth raised its position in shares of Vanguard Mega Cap Value ETF by 18.2% during the first quarter. Focus Partners Wealth now owns 10,769 shares of the company’s stock worth $1,387,000 after purchasing an additional 1,662 shares during the period. Balefire LLC bought a new stake in Vanguard Mega Cap Value ETF during the 2nd quarter valued at $372,000. Focus Financial Network Inc. raised its holdings in Vanguard Mega Cap Value ETF by 32.1% during the second quarter. Focus Financial Network Inc. now owns 2,428 shares of the company’s stock worth $320,000 after buying an additional 590 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Vanguard Mega Cap Value ETF by 4.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 78,059 shares of the company’s stock valued at $10,412,000 after buying an additional 3,357 shares in the last quarter. Finally, Pachira Investments Inc. grew its holdings in shares of Vanguard Mega Cap Value ETF by 6.3% during the second quarter. Pachira Investments Inc. now owns 63,753 shares of the company’s stock valued at $8,364,000 after buying an additional 3,799 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Performance

MGV stock opened at $146.60 on Friday. The business has a 50-day simple moving average of $141.06 and a two-hundred day simple moving average of $137.02. The company has a market capitalization of $11.15 billion, a P/E ratio of 18.48 and a beta of 0.80. Vanguard Mega Cap Value ETF has a 52-week low of $112.25 and a 52-week high of $147.04.

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.