Vanguard Value ETF $VTV is Focused Wealth Management Inc’s 2nd Largest Position

Focused Wealth Management Inc boosted its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 2.3% in the first quarter, HoldingsChannel reports. The firm owned 696,791 shares of the company’s stock after buying an additional 15,901 shares during the period. Vanguard Value ETF accounts for about 14.2% of Focused Wealth Management Inc’s holdings, making the stock its 2nd biggest holding. Focused Wealth Management Inc’s holdings in Vanguard Value ETF were worth $136,710,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Dorato Capital Management purchased a new position in shares of Vanguard Value ETF during the 4th quarter valued at about $25,000. Provenance Wealth Advisors LLC acquired a new position in shares of Vanguard Value ETF in the 3rd quarter valued at about $26,000. Godsey & Gibb Inc. acquired a new position in shares of Vanguard Value ETF in the 4th quarter valued at about $26,000. Independence Bank of Kentucky purchased a new stake in shares of Vanguard Value ETF in the fourth quarter worth about $29,000. Finally, CNB Bank purchased a new stake in shares of Vanguard Value ETF in the fourth quarter worth about $29,000.

Vanguard Value ETF Stock Down 0.6%

Vanguard Value ETF stock opened at $217.43 on Wednesday. The business’s 50-day moving average price is $209.50 and its 200 day moving average price is $202.18. The firm has a market cap of $181.43 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a 52 week low of $174.35 and a 52 week high of $219.93.

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.