Briggs Wealth Management Inc Acquires Shares of 5,518 Vanguard Value ETF $VTV

Briggs Wealth Management Inc purchased a new position in Vanguard Value ETF (NYSEARCA:VTV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 5,518 shares of the company’s stock, valued at approximately $1,054,000. Vanguard Value ETF makes up 1.1% of Briggs Wealth Management Inc’s investment portfolio, making the stock its 13th largest holding.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of Vanguard Value ETF by 1.7% during the fourth quarter. Bank of America Corp DE now owns 136,148,963 shares of the company’s stock valued at $26,003,090,000 after purchasing an additional 2,340,458 shares in the last quarter. Align Financial LLC purchased a new position in shares of Vanguard Value ETF in the fourth quarter worth approximately $2,128,845,000. Ameriprise Financial Inc. boosted its stake in shares of Vanguard Value ETF by 4.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock worth $2,072,160,000 after acquiring an additional 479,866 shares during the last quarter. LPL Financial LLC lifted its position in Vanguard Value ETF by 1.5% during the fourth quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock valued at $2,051,544,000 after purchasing an additional 158,367 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Vanguard Value ETF by 10.6% during the 4th quarter. Raymond James Financial Inc. now owns 8,759,680 shares of the company’s stock valued at $1,673,011,000 after buying an additional 836,994 shares in the last quarter.

Vanguard Value ETF Price Performance

Shares of NYSEARCA:VTV opened at $216.50 on Friday. Vanguard Value ETF has a 1-year low of $172.60 and a 1-year high of $219.93. The firm’s 50 day simple moving average is $208.58 and its two-hundred day simple moving average is $201.59. The company has a market capitalization of $180.66 billion, a P/E ratio of 18.14 and a beta of 0.75.

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.