Vanguard Value ETF (NYSEARCA:VTV) Stock Position Lessened by Level Financial Advisors

Level Financial Advisors decreased its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 4.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,592 shares of the company’s stock after selling 1,082 shares during the quarter. Vanguard Value ETF accounts for approximately 1.7% of Level Financial Advisors’ holdings, making the stock its 14th largest position. Level Financial Advisors’ holdings in Vanguard Value ETF were worth $3,679,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of VTV. EP Wealth Advisors LLC grew its stake in shares of Vanguard Value ETF by 3,419.2% in the third quarter. EP Wealth Advisors LLC now owns 2,392,839 shares of the company’s stock worth $330,044,000 after purchasing an additional 2,324,846 shares in the last quarter. International Assets Investment Management LLC bought a new position in Vanguard Value ETF during the fourth quarter valued at about $250,488,000. The Manufacturers Life Insurance Company boosted its stake in Vanguard Value ETF by 681.8% during the third quarter. The Manufacturers Life Insurance Company now owns 691,647 shares of the company’s stock valued at $95,398,000 after buying an additional 603,175 shares in the last quarter. Chan Zuckerberg Initiative LLC bought a new position in Vanguard Value ETF during the fourth quarter valued at about $89,575,000. Finally, Midland Wealth Advisors LLC bought a new position in Vanguard Value ETF during the fourth quarter valued at about $84,045,000.

Vanguard Value ETF Trading Up 0.1 %

VTV stock traded up $0.12 during trading hours on Thursday, hitting $160.47. 1,078,502 shares of the stock traded hands, compared to its average volume of 2,159,670. The stock has a 50-day simple moving average of $160.47 and a 200 day simple moving average of $156.51. Vanguard Value ETF has a one year low of $131.42 and a one year high of $163.81. The company has a market cap of $114.45 billion, a P/E ratio of 17.44 and a beta of 0.70.

About Vanguard Value ETF

Vanguard Value ETF (the Fund) is an exchange-traded share class of Vanguard Value Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Value Index (the Index). The Index is a diversified index of value stocks of predominantly large United States companies.