Betterment LLC Reduces Stake in Vanguard Value ETF (NYSEARCA:VTV)

Betterment LLC trimmed its stake in Vanguard Value ETF (NYSEARCA:VTV) by 5.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,448,671 shares of the company’s stock after selling 340,576 shares during the quarter. Vanguard Value ETF makes up about 2.2% of Betterment LLC’s portfolio, making the stock its 10th biggest holding. Betterment LLC owned 0.76% of Vanguard Value ETF worth $922,460,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Roble Belko & Company Inc acquired a new position in Vanguard Value ETF during the fourth quarter worth $25,000. SYM FINANCIAL Corp lifted its stake in Vanguard Value ETF by 140.3% in the 4th quarter. SYM FINANCIAL Corp now owns 161 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares during the last quarter. OLD Point Trust & Financial Services N A bought a new position in Vanguard Value ETF during the fourth quarter worth about $27,000. Synergy Asset Management LLC acquired a new position in Vanguard Value ETF during the fourth quarter worth approximately $31,000. Finally, Kieckhefer Group LLC acquired a new position in Vanguard Value ETF during the fourth quarter worth approximately $32,000.

Vanguard Value ETF Stock Down 0.2 %

VTV opened at $164.75 on Friday. Vanguard Value ETF has a 12-month low of $150.43 and a 12-month high of $182.38. The business has a 50 day moving average of $169.07 and a 200-day moving average of $173.12. The stock has a market cap of $261.95 billion, a price-to-earnings ratio of 18.06 and a beta of 0.83.

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.