MGB Wealth Management LLC Takes Position in Vanguard Value ETF (NYSEARCA:VTV)

MGB Wealth Management LLC purchased a new stake in shares of Vanguard Value ETF (NYSEARCA:VTV) during the third quarter, HoldingsChannel.com reports. The fund purchased 1,800 shares of the company’s stock, valued at approximately $314,000.

A number of other institutional investors have also recently made changes to their positions in VTV. Vanguard Group Inc. boosted its holdings in shares of Vanguard Value ETF by 36.2% during the 1st quarter. Vanguard Group Inc. now owns 218,963 shares of the company’s stock valued at $35,660,000 after acquiring an additional 58,161 shares during the last quarter. Waterford Advisors LLC boosted its holdings in shares of Vanguard Value ETF by 4.8% in the first quarter. Waterford Advisors LLC now owns 125,173 shares of the company’s stock worth $20,386,000 after buying an additional 5,753 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Vanguard Value ETF by 3.8% in the first quarter. Captrust Financial Advisors now owns 5,002,066 shares of the company’s stock worth $814,637,000 after buying an additional 180,857 shares during the last quarter. BTG Pactual Global Asset Management Ltd purchased a new position in shares of Vanguard Value ETF in the first quarter worth approximately $232,000. Finally, Vawter Financial Ltd. boosted its holdings in shares of Vanguard Value ETF by 12.0% in the first quarter. Vawter Financial Ltd. now owns 6,527 shares of the company’s stock worth $1,063,000 after buying an additional 697 shares during the last quarter.

Vanguard Value ETF Trading Up 0.7 %

VTV opened at $180.08 on Friday. The company has a market cap of $128.43 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70. The company’s 50 day moving average is $175.26 and its 200 day moving average is $168.02. Vanguard Value ETF has a 12-month low of $141.47 and a 12-month high of $180.25.

Vanguard Value ETF Company Profile

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.