Financial Advocates Investment Management Raises Position in Vanguard Value ETF (NYSEARCA:VTV)

Financial Advocates Investment Management lifted its stake in Vanguard Value ETF (NYSEARCA:VTV) by 0.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 50,970 shares of the company’s stock after acquiring an additional 196 shares during the period. Financial Advocates Investment Management’s holdings in Vanguard Value ETF were worth $8,906,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Christopher J. Hasenberg Inc purchased a new position in shares of Vanguard Value ETF during the 3rd quarter valued at about $26,000. St. Johns Investment Management Company LLC bought a new position in shares of Vanguard Value ETF in the third quarter worth approximately $28,000. Innealta Capital LLC bought a new stake in shares of Vanguard Value ETF during the 2nd quarter valued at $28,000. Optimum Investment Advisors purchased a new position in shares of Vanguard Value ETF during the 2nd quarter valued at $28,000. Finally, Eagle Bay Advisors LLC bought a new position in Vanguard Value ETF in the 1st quarter worth $30,000.

Vanguard Value ETF Stock Performance

Shares of VTV stock opened at $173.34 on Thursday. The stock has a fifty day simple moving average of $173.18 and a two-hundred day simple moving average of $165.70. Vanguard Value ETF has a 52-week low of $132.99 and a 52-week high of $178.18. The firm has a market capitalization of $123.62 billion, a PE ratio of 17.44 and a beta of 0.70.

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.