Hartford Funds Management Co LLC Invests $806,000 in Vanguard Value ETF (NYSEARCA:VTV)

Hartford Funds Management Co LLC purchased a new position in Vanguard Value ETF (NYSEARCA:VTV) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 5,389 shares of the company’s stock, valued at approximately $806,000. Vanguard Value ETF comprises about 0.1% of Hartford Funds Management Co LLC’s portfolio, making the stock its 28th biggest holding.

Other institutional investors also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its position in shares of Vanguard Value ETF by 1.1% in the third quarter. Jones Financial Companies Lllp now owns 53,699,589 shares of the company’s stock valued at $7,406,784,000 after purchasing an additional 583,028 shares during the period. Betterment LLC grew its position in shares of Vanguard Value ETF by 1.9% in the third quarter. Betterment LLC now owns 12,721,775 shares of the company’s stock valued at $1,754,714,000 after purchasing an additional 231,256 shares during the period. Ameriprise Financial Inc. grew its position in shares of Vanguard Value ETF by 1.4% in the third quarter. Ameriprise Financial Inc. now owns 8,423,766 shares of the company’s stock valued at $1,161,270,000 after purchasing an additional 119,948 shares during the period. LPL Financial LLC grew its position in shares of Vanguard Value ETF by 7.1% in the third quarter. LPL Financial LLC now owns 8,306,355 shares of the company’s stock valued at $1,145,695,000 after purchasing an additional 549,925 shares during the period. Finally, TIAA Trust National Association grew its position in shares of Vanguard Value ETF by 0.5% in the fourth quarter. TIAA Trust National Association now owns 5,545,262 shares of the company’s stock valued at $829,017,000 after purchasing an additional 26,485 shares during the period.

Vanguard Value ETF Stock Down 1.3 %

Shares of NYSEARCA:VTV traded down $2.03 during midday trading on Tuesday, reaching $156.49. The company’s stock had a trading volume of 1,893,130 shares, compared to its average volume of 2,416,869. The firm has a market cap of $111.61 billion, a price-to-earnings ratio of 17.38 and a beta of 0.73. Vanguard Value ETF has a 1 year low of $131.42 and a 1 year high of $163.30. The business has a 50 day moving average price of $158.33 and a 200 day moving average price of $149.90.

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.