Stone Summit Wealth LLC Raises Stake in Vanguard Value ETF $VTV

Stone Summit Wealth LLC increased its position in Vanguard Value ETF (NYSEARCA:VTV) by 4.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 95,633 shares of the company’s stock after acquiring an additional 4,322 shares during the period. Vanguard Value ETF comprises approximately 5.1% of Stone Summit Wealth LLC’s holdings, making the stock its 2nd largest position. Stone Summit Wealth LLC’s holdings in Vanguard Value ETF were worth $17,835,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VTV. Activest Wealth Management raised its stake in shares of Vanguard Value ETF by 2,700.0% in the second 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 purchased a new stake in shares of Vanguard Value ETF during the second quarter valued at $28,000. Chesapeake Asset Management LLC boosted its position in shares of Vanguard Value ETF by 3,625.0% during the third quarter. Chesapeake Asset Management LLC now owns 149 shares of the company’s stock valued at $28,000 after buying an additional 145 shares during the last quarter. Legend Financial Advisors Inc. bought a new stake in Vanguard Value ETF in the 2nd quarter worth about $31,000. Finally, Joseph Group Capital Management purchased a new position in Vanguard Value ETF in the 2nd quarter worth about $32,000.

Vanguard Value ETF Stock Performance

VTV opened at $192.81 on Monday. The company’s 50-day simple moving average is $188.98 and its two-hundred day simple moving average is $184.20. The stock has a market capitalization of $154.24 billion, a P/E ratio of 18.14 and a beta of 0.82. Vanguard Value ETF has a 52-week low of $150.43 and a 52-week high of $193.78.

Vanguard Value ETF Profile

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.