Wesbanco Bank Inc. Cuts Stock Holdings in Vanguard Mega Cap Value ETF $MGV

Wesbanco Bank Inc. decreased its stake in shares of Vanguard Mega Cap Value ETF (NYSEARCA:MGV) by 19.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,324 shares of the company’s stock after selling 7,400 shares during the period. Wesbanco Bank Inc.’s holdings in Vanguard Mega Cap Value ETF were worth $4,422,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Valmark Advisers Inc. boosted its position in shares of Vanguard Mega Cap Value ETF by 2.9% during the fourth quarter. Valmark Advisers Inc. now owns 2,447 shares of the company’s stock valued at $345,000 after buying an additional 69 shares during the last quarter. CVA Family Office LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 0.3% during the fourth quarter. CVA Family Office LLC now owns 28,166 shares of the company’s stock valued at $3,976,000 after buying an additional 74 shares during the last quarter. Cvfg LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 3.5% during the third quarter. Cvfg LLC now owns 2,220 shares of the company’s stock valued at $306,000 after buying an additional 75 shares during the last quarter. Wealthcare Capital Partners LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 0.4% during the fourth quarter. Wealthcare Capital Partners LLC now owns 17,683 shares of the company’s stock valued at $2,496,000 after buying an additional 76 shares during the last quarter. Finally, Encompass Wealth Advisors LLC boosted its position in shares of Vanguard Mega Cap Value ETF by 0.3% during the fourth quarter. Encompass Wealth Advisors LLC now owns 29,028 shares of the company’s stock valued at $4,098,000 after buying an additional 80 shares during the last quarter.

Vanguard Mega Cap Value ETF Stock Up 0.8%

Shares of NYSEARCA:MGV opened at $153.80 on Friday. The stock has a market cap of $11.97 billion, a price-to-earnings ratio of 18.48 and a beta of 0.73. Vanguard Mega Cap Value ETF has a 12-month low of $124.25 and a 12-month high of $154.21. The business’s 50 day moving average is $148.55 and its 200 day moving average is $145.14.

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.