Sax Wealth Advisors LLC Boosts Holdings in Vanguard Value ETF $VTV

Sax Wealth Advisors LLC lifted its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 75.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,536 shares of the company’s stock after purchasing an additional 36,327 shares during the period. Vanguard Value ETF comprises 0.7% of Sax Wealth Advisors LLC’s portfolio, making the stock its 28th largest position. Sax Wealth Advisors LLC’s holdings in Vanguard Value ETF were worth $18,423,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Bank of America Corp DE grew its stake in shares of Vanguard Value ETF by 1.7% during the fourth 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 purchased a new stake in shares of Vanguard Value ETF during the fourth quarter worth about $2,128,845,000. LPL Financial LLC lifted its stake in shares of Vanguard Value ETF by 1.5% in the fourth quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock worth $2,051,544,000 after acquiring an additional 158,367 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of 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 worth $1,673,011,000 after acquiring an additional 836,994 shares in the last quarter. Finally, Valpey Financial Services LLC lifted its stake in shares of Vanguard Value ETF by 19,007.8% in the fourth quarter. Valpey Financial Services LLC now owns 8,389,106 shares of the company’s stock worth $1,602,235,000 after acquiring an additional 8,345,202 shares in the last quarter.

Vanguard Value ETF Stock Performance

Shares of VTV opened at $224.31 on Friday. Vanguard Value ETF has a one year low of $177.28 and a one year high of $225.06. The stock has a 50-day moving average price of $218.18 and a 200 day moving average price of $208.25. The company has a market capitalization of $191.48 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.