Valley National Advisers Inc. Grows Stock Position in Vanguard Value ETF $VTV

Valley National Advisers Inc. raised its stake in Vanguard Value ETF (NYSEARCA:VTV) by 10.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 115,756 shares of the company’s stock after buying an additional 10,971 shares during the quarter. Vanguard Value ETF comprises approximately 3.3% of Valley National Advisers Inc.’s investment portfolio, making the stock its 6th biggest holding. Valley National Advisers Inc.’s holdings in Vanguard Value ETF were worth $21,586,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Activest Wealth Management increased its position in shares of Vanguard Value ETF by 2,700.0% during the 2nd quarter. Activest Wealth Management now owns 140 shares of the company’s stock worth $25,000 after purchasing an additional 135 shares during the last quarter. Kiker Wealth Management LLC acquired a new stake in shares of Vanguard Value ETF in the second quarter valued at approximately $28,000. Legend Financial Advisors Inc. acquired a new stake in Vanguard Value ETF during the 2nd quarter valued at $31,000. Joseph Group Capital Management bought a new stake in shares of Vanguard Value ETF during the 2nd quarter worth about $32,000. Finally, Berkshire Money Management Inc. bought a new stake in shares of Vanguard Value ETF during the second quarter worth approximately $33,000.

Vanguard Value ETF Price Performance

Shares of NYSEARCA VTV opened at $192.78 on Friday. The stock’s fifty day moving average price is $188.51 and its two-hundred day moving average price is $183.49. Vanguard Value ETF has a one year low of $150.43 and a one year high of $193.78. The firm has a market cap of $154.21 billion, a price-to-earnings ratio of 18.14 and a beta of 0.82.

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.