Diversify Advisory Services LLC Cuts Stock Holdings in Vanguard Value ETF (NYSEARCA:VTV)

Diversify Advisory Services LLC trimmed its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 17.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,173 shares of the company’s stock after selling 1,569 shares during the quarter. Diversify Advisory Services LLC’s holdings in Vanguard Value ETF were worth $1,152,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its position in shares of Vanguard Value ETF by 179.7% during the 1st quarter. Cetera Investment Advisers now owns 2,185,380 shares of the company’s stock worth $355,911,000 after purchasing an additional 1,404,141 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Vanguard Value ETF by 19.0% during the first quarter. Bank of New York Mellon Corp now owns 4,528,242 shares of the company’s stock worth $737,470,000 after purchasing an additional 722,159 shares in the last quarter. Chan Zuckerberg Initiative LLC purchased a new stake in Vanguard Value ETF in the 4th quarter valued at approximately $89,575,000. Simplicity Wealth LLC purchased a new position in shares of Vanguard Value ETF during the 1st quarter worth approximately $91,839,000. Finally, Midland Wealth Advisors LLC purchased a new stake in shares of Vanguard Value ETF in the fourth quarter valued at approximately $84,045,000.

Vanguard Value ETF Trading Up 0.2 %

Shares of NYSEARCA:VTV traded up $0.28 on Friday, reaching $163.37. 1,123,062 shares of the company were exchanged, compared to its average volume of 2,122,564. The company has a 50-day moving average of $162.60 and a 200-day moving average of $159.31. Vanguard Value ETF has a 1-year low of $131.42 and a 1-year high of $169.15. The firm has a market cap of $116.51 billion, a price-to-earnings 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.