Dravo Bay LLC Purchases 888 Shares of Vanguard Value ETF (NYSEARCA:VTV)

Dravo Bay LLC lifted its position in Vanguard Value ETF (NYSEARCA:VTV) by 2.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,258 shares of the company’s stock after acquiring an additional 888 shares during the quarter. Vanguard Value ETF makes up about 3.1% of Dravo Bay LLC’s holdings, making the stock its 8th biggest holding. Dravo Bay LLC’s holdings in Vanguard Value ETF were worth $5,495,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Innealta Capital LLC purchased a new position in Vanguard Value ETF during the second quarter valued at approximately $28,000. Optimum Investment Advisors acquired a new stake in shares of Vanguard Value ETF during the 2nd quarter valued at $28,000. Eagle Bay Advisors LLC acquired a new stake in shares of Vanguard Value ETF during the 1st quarter valued at $30,000. MeadowBrook Investment Advisors LLC increased its stake in shares of Vanguard Value ETF by 111.1% in the second quarter. MeadowBrook Investment Advisors LLC now owns 190 shares of the company’s stock worth $30,000 after acquiring an additional 100 shares during the last quarter. Finally, Briaud Financial Planning Inc acquired a new position in shares of Vanguard Value ETF in the second quarter worth $32,000.

Vanguard Value ETF Price Performance

Shares of NYSEARCA VTV opened at $172.80 on Tuesday. Vanguard Value ETF has a one year low of $131.42 and a one year high of $172.98. The business’s 50-day moving average price is $167.01 and its two-hundred day moving average price is $162.34. The company has a market capitalization of $123.24 billion, a P/E ratio of 17.44 and a beta of 0.70.

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.