Optimum Investment Advisors Purchases New Shares in Vanguard Value ETF (NYSEARCA:VTV)

Optimum Investment Advisors acquired a new position in Vanguard Value ETF (NYSEARCA:VTV) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 173 shares of the company’s stock, valued at approximately $28,000.

Several other hedge funds have also modified their holdings of the company. Cetera Investment Advisers lifted its holdings in Vanguard Value ETF by 179.7% during the first quarter. Cetera Investment Advisers now owns 2,185,380 shares of the company’s stock valued at $355,911,000 after purchasing an additional 1,404,141 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Vanguard Value ETF by 19.0% in the 1st quarter. Bank of New York Mellon Corp now owns 4,528,242 shares of the company’s stock valued at $737,470,000 after buying an additional 722,159 shares in the last quarter. Chan Zuckerberg Initiative LLC acquired a new stake in Vanguard Value ETF in the 4th quarter worth about $89,575,000. Simplicity Wealth LLC purchased a new stake in Vanguard Value ETF during the 1st quarter worth approximately $91,839,000. Finally, Midland Wealth Advisors LLC purchased a new stake in Vanguard Value ETF during the 4th quarter worth approximately $84,045,000.

Vanguard Value ETF Stock Up 0.2 %

Shares of NYSEARCA VTV traded up $0.28 during midday trading on Friday, hitting $163.37. The stock had a trading volume of 1,123,062 shares, compared to its average volume of 2,122,564. Vanguard Value ETF has a 1 year low of $131.42 and a 1 year high of $169.15. The company has a market capitalization of $116.51 billion, a PE ratio of 17.44 and a beta of 0.70. The stock has a 50 day simple moving average of $162.60 and a 200-day simple moving average of $159.31.

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.