Summit Wealth Partners LLC Raises Stock Holdings in Vanguard Value ETF (NYSEARCA:VTV)

Summit Wealth Partners LLC grew its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 4.8% during the third quarter, Holdings Channel reports. The institutional investor owned 4,482 shares of the company’s stock after buying an additional 205 shares during the period. Summit Wealth Partners LLC’s holdings in Vanguard Value ETF were worth $782,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. First Trust Direct Indexing L.P. bought a new stake in shares of Vanguard Value ETF during the 1st quarter valued at $386,000. Norden Group LLC purchased a new position in shares of Vanguard Value ETF in the first quarter valued at about $971,000. Diversify Advisory Services LLC purchased a new position in shares of Vanguard Value ETF in the first quarter valued at about $1,418,000. BNP Paribas Financial Markets boosted its stake in shares of Vanguard Value ETF by 103.9% in the first quarter. BNP Paribas Financial Markets now owns 392,480 shares of the company’s stock worth $63,919,000 after acquiring an additional 199,992 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of Vanguard Value ETF by 0.4% during the first quarter. Janney Montgomery Scott LLC now owns 323,613 shares of the company’s stock worth $52,704,000 after purchasing an additional 1,359 shares in the last quarter.

Vanguard Value ETF Trading Down 0.7 %

Shares of VTV opened at $172.17 on Friday. The business’s 50 day moving average is $173.25 and its 200 day moving average is $165.74. Vanguard Value ETF has a 12-month low of $132.99 and a 12-month high of $178.18. The company has a market capitalization of $122.79 billion, a PE ratio of 17.44 and a beta of 0.70.

About Vanguard Value ETF

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.