Parkway Wealth Management Group LLC Sells 3,446 Shares of Vanguard Value ETF $VTV

Parkway Wealth Management Group LLC cut its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 0.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 431,968 shares of the company’s stock after selling 3,446 shares during the quarter. Vanguard Value ETF comprises about 11.2% of Parkway Wealth Management Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Parkway Wealth Management Group LLC owned 0.05% of Vanguard Value ETF worth $87,668,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VTV. Bank of America Corp DE grew its stake in Vanguard Value ETF by 1.7% during the 4th quarter. Bank of America Corp DE now owns 136,148,963 shares of the company’s stock valued at $26,003,090,000 after acquiring an additional 2,340,458 shares in the last quarter. Align Financial LLC bought a new stake in Vanguard Value ETF during the 4th quarter valued at approximately $2,128,845,000. Ameriprise Financial Inc. grew its position in Vanguard Value ETF by 4.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock worth $2,072,160,000 after purchasing an additional 479,866 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Value ETF by 1.5% during the 4th quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock worth $2,051,544,000 after purchasing an additional 158,367 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in Vanguard Value ETF by 10.6% in the fourth quarter. Raymond James Financial Inc. now owns 8,759,680 shares of the company’s stock valued at $1,673,011,000 after acquiring an additional 836,994 shares during the period.

Vanguard Value ETF Stock Up 1.3%

Shares of VTV stock opened at $220.49 on Friday. The firm has a 50-day moving average price of $210.15 and a 200 day moving average price of $202.58. Vanguard Value ETF has a 12-month low of $174.35 and a 12-month high of $222.16. The company has a market capitalization of $183.99 billion, a P/E 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.