King Wealth Management Group Grows Stock Position in Vanguard Value ETF $VTV

King Wealth Management Group lifted its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 21.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,669 shares of the company’s stock after purchasing an additional 6,833 shares during the quarter. Vanguard Value ETF comprises approximately 0.9% of King Wealth Management Group’s portfolio, making the stock its 27th biggest position. King Wealth Management Group’s holdings in Vanguard Value ETF were worth $7,389,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of VTV. Brighton Jones LLC raised its stake in shares of Vanguard Value ETF by 7.9% during the fourth quarter. Brighton Jones LLC now owns 42,618 shares of the company’s stock worth $7,215,000 after purchasing an additional 3,109 shares during the last quarter. Bison Wealth LLC raised its stake in shares of Vanguard Value ETF by 10.7% during the fourth quarter. Bison Wealth LLC now owns 3,092 shares of the company’s stock worth $523,000 after purchasing an additional 298 shares during the last quarter. Millennium Management LLC purchased a new stake in shares of Vanguard Value ETF during the first quarter worth approximately $4,052,000. United Bank grew its holdings in Vanguard Value ETF by 1.8% during the second quarter. United Bank now owns 21,435 shares of the company’s stock worth $3,788,000 after acquiring an additional 381 shares during the period. Finally, Jump Financial LLC acquired a new position in Vanguard Value ETF during the second quarter worth $1,303,000.

Vanguard Value ETF Price Performance

Shares of VTV stock opened at $212.13 on Wednesday. The business’s fifty day moving average price is $202.62 and its 200 day moving average price is $198.32. Vanguard Value ETF has a 1-year low of $169.61 and a 1-year high of $212.65. The firm has a market capitalization of $177.01 billion, a PE ratio of 18.14 and a beta of 0.76.

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.