Payne Capital Management LLC Boosts Position in Vanguard Value ETF $VTV

Payne Capital Management LLC increased its position in Vanguard Value ETF (NYSEARCA:VTV) by 20.6% in the third quarter, Holdings Channel.com reports. The firm owned 72,246 shares of the company’s stock after acquiring an additional 12,321 shares during the period. Vanguard Value ETF comprises approximately 4.3% of Payne Capital Management LLC’s portfolio, making the stock its 10th largest holding. Payne Capital Management LLC’s holdings in Vanguard Value ETF were worth $13,473,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTV. Provenance Wealth Advisors LLC acquired a new position in Vanguard Value ETF during the 3rd quarter valued at about $26,000. Chesapeake Asset Management LLC grew its position in shares of Vanguard Value ETF by 3,625.0% during the 3rd quarter. Chesapeake Asset Management LLC now owns 149 shares of the company’s stock worth $28,000 after buying an additional 145 shares during the period. American Wealth Advisors LLC acquired a new stake in shares of Vanguard Value ETF during the 3rd quarter worth approximately $35,000. Palisade Asset Management LLC bought a new stake in shares of Vanguard Value ETF during the third quarter worth approximately $36,000. Finally, United Community Bank raised its stake in shares of Vanguard Value ETF by 166.7% during the third quarter. United Community Bank now owns 200 shares of the company’s stock worth $37,000 after buying an additional 125 shares during the last quarter.

Vanguard Value ETF Price Performance

Shares of NYSEARCA VTV opened at $196.75 on Thursday. The company’s 50 day simple moving average is $201.60 and its 200 day simple moving average is $192.51. Vanguard Value ETF has a fifty-two week low of $150.43 and a fifty-two week high of $208.20. The firm has a market capitalization of $162.38 billion, a P/E ratio of 18.14 and a beta of 0.82.

Vanguard Value ETF 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.