MTC Wealth Management LLC Sells 56,539 Shares of Vanguard Value ETF $VTV

MTC Wealth Management LLC reduced its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 50.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 55,599 shares of the company’s stock after selling 56,539 shares during the quarter. Vanguard Value ETF makes up 5.2% of MTC Wealth Management LLC’s portfolio, making the stock its 7th biggest position. MTC Wealth Management LLC’s holdings in Vanguard Value ETF were worth $10,909,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Sigma Planning Corp raised its stake in Vanguard Value ETF by 3.0% during the first quarter. Sigma Planning Corp now owns 72,215 shares of the company’s stock worth $14,169,000 after acquiring an additional 2,137 shares during the period. 1ST Source Bank boosted its stake in Vanguard Value ETF by 7.3% in the first quarter. 1ST Source Bank now owns 5,517 shares of the company’s stock valued at $1,082,000 after acquiring an additional 374 shares during the period. Checchi Capital Advisers LLC grew its holdings in shares of Vanguard Value ETF by 1,231.5% during the first quarter. Checchi Capital Advisers LLC now owns 79,117 shares of the company’s stock valued at $15,523,000 after purchasing an additional 73,175 shares during the last quarter. Hartford Funds Management Co LLC grew its holdings in shares of Vanguard Value ETF by 182.9% during the first quarter. Hartford Funds Management Co LLC now owns 10,173 shares of the company’s stock valued at $1,996,000 after purchasing an additional 6,577 shares during the last quarter. Finally, Avantax Planning Partners Inc. raised its position in shares of Vanguard Value ETF by 0.4% during the 1st quarter. Avantax Planning Partners Inc. now owns 41,301 shares of the company’s stock worth $8,103,000 after purchasing an additional 185 shares during the period.

Vanguard Value ETF Trading Down 0.3%

Shares of NYSEARCA VTV opened at $218.60 on Wednesday. The company has a market cap of $186.61 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a 12-month low of $174.35 and a 12-month high of $222.15. The stock’s 50 day simple moving average is $214.01 and its 200 day simple moving average is $205.07.

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.