Arbor Wealth Advisors LLC Makes New Investment in Vanguard Value ETF (NYSEARCA:VTV)

Arbor Wealth Advisors LLC purchased a new position in Vanguard Value ETF (NYSEARCA:VTV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 156,643 shares of the company’s stock, valued at approximately $23,418,000. Vanguard Value ETF accounts for approximately 24.1% of Arbor Wealth Advisors LLC’s investment portfolio, making the stock its biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VTV. Wagner Wealth Management LLC increased its stake in Vanguard Value ETF by 52.9% in the fourth quarter. Wagner Wealth Management LLC now owns 208 shares of the company’s stock worth $31,000 after purchasing an additional 72 shares during the period. Concord Wealth Partners grew its position in shares of Vanguard Value ETF by 106.5% during the 3rd quarter. Concord Wealth Partners now owns 223 shares of the company’s stock worth $31,000 after buying an additional 115 shares in the last quarter. Avion Wealth grew its position in shares of Vanguard Value ETF by 48.3% during the 4th quarter. Avion Wealth now owns 224 shares of the company’s stock worth $33,000 after buying an additional 73 shares in the last quarter. Massmutual Trust Co. FSB ADV bought a new position in shares of Vanguard Value ETF during the 4th quarter worth $37,000. Finally, Albion Financial Group UT grew its position in shares of Vanguard Value ETF by 198.3% during the 3rd quarter. Albion Financial Group UT now owns 343 shares of the company’s stock worth $47,000 after buying an additional 228 shares in the last quarter.

Vanguard Value ETF Trading Up 0.7 %

Shares of VTV traded up $1.14 during midday trading on Tuesday, reaching $158.21. 3,211,032 shares of the stock were exchanged, compared to its average volume of 2,454,655. Vanguard Value ETF has a 52 week low of $131.42 and a 52 week high of $163.30. The company’s 50 day moving average is $157.89 and its two-hundred day moving average is $149.19. The company has a market capitalization of $112.83 billion, a P/E ratio of 17.38 and a beta of 0.73.

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.