Vanguard Value ETF $VTV Shares Purchased by King Wealth Management Group

King Wealth Management Group increased its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 21.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,669 shares of the company’s stock after acquiring an additional 6,833 shares during the period. Vanguard Value ETF makes up approximately 0.9% of King Wealth Management Group’s portfolio, making the stock its 27th biggest holding. King Wealth Management Group’s holdings in Vanguard Value ETF were worth $7,389,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Dorato Capital Management acquired a new stake in Vanguard Value ETF in the fourth quarter valued at $25,000. Provenance Wealth Advisors LLC acquired a new stake in Vanguard Value ETF in the third quarter valued at $26,000. Godsey & Gibb Inc. acquired a new stake in Vanguard Value ETF in the fourth quarter valued at $26,000. Independence Bank of Kentucky acquired a new stake in Vanguard Value ETF in the fourth quarter valued at $29,000. Finally, American Wealth Advisors LLC acquired a new stake in Vanguard Value ETF in the third quarter valued at $35,000.

Vanguard Value ETF Stock Performance

Vanguard Value ETF stock opened at $212.13 on Wednesday. The firm has a market capitalization of $177.01 billion, a price-to-earnings ratio of 18.14 and a beta of 0.76. Vanguard Value ETF has a fifty-two week low of $169.61 and a fifty-two week high of $212.65. The stock’s fifty day moving average is $202.62 and its two-hundred day moving average is $198.32.

Vanguard Value ETF Company 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.