Gainline Financial Partners LLC Buys Shares of 10,345 Vanguard Value ETF $VTV

Gainline Financial Partners LLC purchased a new position in Vanguard Value ETF (NYSEARCA:VTV) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,345 shares of the company’s stock, valued at approximately $2,254,000. Vanguard Value ETF accounts for 2.1% of Gainline Financial Partners LLC’s portfolio, making the stock its 11th biggest position.

Several other hedge funds have also recently made changes to their positions in VTV. Arbor Wealth Management LLC AZ purchased a new position in shares of Vanguard Value ETF during the second quarter valued at approximately $1,906,000. Succession Financial Inc. bought a new stake in Vanguard Value ETF in the 2nd quarter worth approximately $300,000. MW Advisory LLC bought a new stake in Vanguard Value ETF in the 2nd quarter worth approximately $3,147,000. Maloon Powers Pitre Higgins & Dennehy LLC purchased a new stake in Vanguard Value ETF during the 2nd quarter valued at $3,901,000. Finally, Markowski Investments purchased a new stake in Vanguard Value ETF during the 2nd quarter valued at $5,155,000.

Vanguard Value ETF Price Performance

NYSEARCA VTV opened at $226.46 on Friday. The stock has a market capitalization of $193.32 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a 1-year low of $181.22 and a 1-year high of $228.57. The business’s fifty day moving average price is $222.36 and its 200-day moving average price is $211.70.

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.