Valmark Advisers Inc. Has $9.64 Million Stake in Vanguard Value ETF (NYSEARCA:VTV)

Valmark Advisers Inc. boosted its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 7.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 60,076 shares of the company’s stock after acquiring an additional 4,227 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard Value ETF were worth $9,637,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VTV. Cetera Investment Advisers boosted its position in shares of Vanguard Value ETF by 179.7% in 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 grew its holdings in shares of Vanguard Value ETF by 19.0% in the 1st quarter. Bank of New York Mellon Corp now owns 4,528,242 shares of the company’s stock valued at $737,470,000 after buying an additional 722,159 shares during the period. Chan Zuckerberg Initiative LLC bought a new stake in shares of Vanguard Value ETF during the fourth quarter worth $89,575,000. Simplicity Wealth LLC acquired a new position in shares of Vanguard Value ETF during the first quarter worth about $91,839,000. Finally, Midland Wealth Advisors LLC acquired a new stake in Vanguard Value ETF in the 4th quarter valued at approximately $84,045,000.

Vanguard Value ETF Price Performance

NYSEARCA:VTV traded up $1.69 during trading hours on Friday, reaching $172.85. 1,808,607 shares of the stock were exchanged, compared to its average volume of 2,058,764. The stock has a market cap of $123.27 billion, a PE ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a twelve month low of $131.42 and a twelve month high of $172.98. The firm has a 50 day moving average of $164.89 and a 200 day moving average of $161.08.

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.