Vanguard Value ETF (NYSEARCA:VTV) Sees Large Drop in Short Interest

Vanguard Value ETF (NYSEARCA:VTV) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 1,199,366 shares, a decline of 20.6% from the February 12th total of 1,510,648 shares. Based on an average daily volume of 4,299,813 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 4,299,813 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Align Financial LLC bought a new stake in Vanguard Value ETF during the fourth quarter worth about $2,128,845,000. Valpey Financial Services LLC increased its position in shares of Vanguard Value ETF by 19,007.8% during the 4th quarter. Valpey Financial Services LLC now owns 8,389,106 shares of the company’s stock valued at $1,602,235,000 after purchasing an additional 8,345,202 shares during the last quarter. EP Wealth Advisors LLC bought a new position in shares of Vanguard Value ETF during the 4th quarter valued at about $1,511,860,000. Bank of America Corp DE raised its holdings in shares of Vanguard Value ETF by 4.4% during the 3rd quarter. Bank of America Corp DE now owns 133,808,505 shares of the company’s stock valued at $24,953,948,000 after buying an additional 5,667,887 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of Vanguard Value ETF by 3.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 53,966,784 shares of the company’s stock valued at $10,068,563,000 after buying an additional 1,684,472 shares in the last quarter.

Vanguard Value ETF Price Performance

VTV stock traded up $1.50 during midday trading on Monday, reaching $198.77. The company had a trading volume of 4,326,739 shares, compared to its average volume of 4,717,738. The firm has a 50-day moving average price of $201.41 and a 200-day moving average price of $192.26. The company has a market capitalization of $164.05 billion, a P/E ratio of 18.14 and a beta of 0.82. Vanguard Value ETF has a 1 year low of $150.43 and a 1 year high of $208.20.

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. The Index represents the value companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of predominantly large-capitalization companies in the United States equity market.