Thrive Wealth Management LLC Has $158.91 Million Stake in Vanguard Value ETF $VTV

Thrive Wealth Management LLC grew its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 3.8% during the fourth quarter, Holdings Channel reports. The firm owned 832,005 shares of the company’s stock after acquiring an additional 30,745 shares during the quarter. Vanguard Value ETF comprises about 23.3% of Thrive Wealth Management LLC’s holdings, making the stock its 2nd largest position. Thrive Wealth Management LLC’s holdings in Vanguard Value ETF were worth $158,905,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VTV. Provenance Wealth Advisors LLC bought a new stake in shares of Vanguard Value ETF in the 3rd quarter valued at $26,000. Chesapeake Asset Management LLC boosted its stake in Vanguard Value ETF by 3,625.0% during the third quarter. Chesapeake Asset Management LLC now owns 149 shares of the company’s stock worth $28,000 after acquiring an additional 145 shares in the last quarter. American Wealth Advisors LLC acquired a new stake in Vanguard Value ETF in the third quarter worth $35,000. Palisade Asset Management LLC bought a new stake in Vanguard Value ETF in the third quarter valued at $36,000. Finally, United Community Bank increased its stake in Vanguard Value ETF by 166.7% in the third quarter. United Community Bank now owns 200 shares of the company’s stock valued at $37,000 after purchasing an additional 125 shares in the last quarter.

Vanguard Value ETF Trading Up 0.5%

Shares of NYSEARCA VTV opened at $196.96 on Wednesday. The firm has a market capitalization of $162.56 billion, a P/E ratio of 18.14 and a beta of 0.82. The firm’s 50-day moving average price is $201.56 and its 200-day moving average price is $192.96. Vanguard Value ETF has a 1-year low of $150.43 and a 1-year high of $208.20.

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. 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.