Frontier Asset Management LLC Grows Stake in Vanguard Value ETF $VTV

Frontier Asset Management LLC increased its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 6.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,249 shares of the company’s stock after purchasing an additional 2,350 shares during the quarter. Vanguard Value ETF accounts for 1.7% of Frontier Asset Management LLC’s investment portfolio, making the stock its 20th biggest holding. Frontier Asset Management LLC’s holdings in Vanguard Value ETF were worth $7,897,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Dorato Capital Management purchased a new position in shares of Vanguard Value ETF in the fourth quarter valued at $25,000. Godsey & Gibb Inc. acquired a new position in shares of Vanguard Value ETF during the 4th quarter worth $26,000. CNB Bank purchased a new stake in shares of Vanguard Value ETF in the 4th quarter worth about $29,000. Independence Bank of Kentucky purchased a new stake in shares of Vanguard Value ETF in the 4th quarter worth about $29,000. Finally, Rexford Capital Inc. boosted its position in shares of Vanguard Value ETF by 124.6% in the 1st quarter. Rexford Capital Inc. now owns 155 shares of the company’s stock worth $30,000 after buying an additional 86 shares in the last quarter.

Vanguard Value ETF Trading Down 0.4%

Shares of NYSEARCA VTV opened at $217.92 on Friday. The company’s 50-day moving average price is $214.67 and its 200 day moving average price is $205.51. Vanguard Value ETF has a 52 week low of $174.35 and a 52 week high of $222.15. The stock has a market cap of $186.03 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75.

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.