Merit Financial Group LLC Cuts Stock Holdings in Vanguard ESG US Stock ETF (BATS:ESGV)

Merit Financial Group LLC reduced its position in shares of Vanguard ESG US Stock ETF (BATS:ESGV) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,393 shares of the company’s stock after selling 2,360 shares during the period. Merit Financial Group LLC’s holdings in Vanguard ESG US Stock ETF were worth $3,436,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in ESGV. Commonwealth Equity Services LLC lifted its holdings in Vanguard ESG US Stock ETF by 4.7% in the third quarter. Commonwealth Equity Services LLC now owns 184,794 shares of the company’s stock valued at $13,900,000 after acquiring an additional 8,215 shares during the last quarter. Raymond James & Associates lifted its holdings in Vanguard ESG US Stock ETF by 7.6% in the third quarter. Raymond James & Associates now owns 195,037 shares of the company’s stock valued at $14,671,000 after acquiring an additional 13,762 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in Vanguard ESG US Stock ETF in the third quarter valued at approximately $3,105,000. Concord Wealth Partners acquired a new position in Vanguard ESG US Stock ETF in the third quarter valued at approximately $61,000. Finally, WealthShield Partners LLC acquired a new position in Vanguard ESG US Stock ETF in the third quarter valued at approximately $656,000.

Vanguard ESG US Stock ETF Trading Up 1.3 %

ESGV traded up $1.19 during trading hours on Friday, reaching $90.60. The company’s stock had a trading volume of 103,304 shares. The stock has a market cap of $8.20 billion, a PE ratio of 26.02 and a beta of 1.10. The business has a fifty day moving average of $90.95 and a 200-day moving average of $85.60.

About Vanguard ESG US Stock ETF

The Vanguard ESG U.S. Stock ETF (ESGV) is an exchange-traded fund that is based on the FTSE USA All Cap Choice index, a market-cap-weighted index of US all-cap companies screened for environmental, social, and corporate governance (ESG) criteria. ESGV was launched on Sep 18, 2018 and is managed by Vanguard.