DAVENPORT & Co LLC Boosts Stake in Vanguard Value ETF $VTV

DAVENPORT & Co LLC grew its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 6.6% during the fourth quarter, Holdings Channel reports. The fund owned 294,306 shares of the company’s stock after purchasing an additional 18,253 shares during the period. DAVENPORT & Co LLC’s holdings in Vanguard Value ETF were worth $56,210,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VTV. Provenance Wealth Advisors LLC bought a new stake in shares of Vanguard Value ETF during the third quarter valued at approximately $26,000. Chesapeake Asset Management LLC raised its holdings in Vanguard Value ETF by 3,625.0% in the third quarter. Chesapeake Asset Management LLC now owns 149 shares of the company’s stock worth $28,000 after purchasing an additional 145 shares in the last quarter. American Wealth Advisors LLC bought a new position in Vanguard Value ETF in the third quarter worth $35,000. Palisade Asset Management LLC purchased a new position in Vanguard Value ETF during the third quarter valued at $36,000. Finally, United Community Bank lifted its position in Vanguard Value ETF by 166.7% during the third quarter. United Community Bank now owns 200 shares of the company’s stock valued at $37,000 after buying an additional 125 shares during the period.

Vanguard Value ETF Trading Up 0.5%

Shares of VTV stock opened at $196.96 on Wednesday. The company’s fifty day moving average price is $201.56 and its 200-day moving average price is $192.96. The stock has a market cap of $162.56 billion, a PE ratio of 18.14 and a beta of 0.82. Vanguard Value ETF has a 12 month low of $150.43 and a 12 month high of $208.20.

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.