M&T Bank Corp cut its stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV – Get Rating) by 95.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 586 shares of the company’s stock after selling 12,190 shares during the quarter. M&T Bank Corp’s holdings in Vanguard Mega Cap Value ETF were worth $101,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Procyon Advisors LLC increased its holdings in shares of Vanguard Mega Cap Value ETF by 3.9% in the 4th quarter. Procyon Advisors LLC now owns 99,214 shares of the company’s stock valued at $10,204,000 after acquiring an additional 3,720 shares during the period. Concorde Asset Management LLC grew its stake in Vanguard Mega Cap Value ETF by 1.4% during the 4th quarter. Concorde Asset Management LLC now owns 9,435 shares of the company’s stock worth $970,000 after buying an additional 133 shares during the last quarter. U.S. Capital Wealth Advisors LLC purchased a new position in Vanguard Mega Cap Value ETF during the 4th quarter worth $221,000. Visionary Wealth Advisors grew its stake in Vanguard Mega Cap Value ETF by 3.4% during the 3rd quarter. Visionary Wealth Advisors now owns 4,727 shares of the company’s stock worth $425,000 after buying an additional 155 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in Vanguard Mega Cap Value ETF by 9.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 186,394 shares of the company’s stock worth $19,170,000 after buying an additional 16,786 shares during the last quarter.
Vanguard Mega Cap Value ETF Price Performance
Shares of MGV stock opened at $101.31 on Wednesday. Vanguard Mega Cap Value ETF has a 1-year low of $89.38 and a 1-year high of $107.28. The stock’s fifty day moving average price is $101.23 and its 200 day moving average price is $102.34. The company has a market cap of $5.89 billion, a price-to-earnings ratio of 15.80 and a beta of 0.86.
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.
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