BIP Wealth LLC Grows Position in Vanguard Value ETF $VTV

BIP Wealth LLC grew its position in Vanguard Value ETF (NYSEARCA:VTV) by 48.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 490,263 shares of the company’s stock after purchasing an additional 160,284 shares during the quarter. Vanguard Value ETF makes up approximately 3.3% of BIP Wealth LLC’s portfolio, making the stock its 5th largest holding. BIP Wealth LLC’s holdings in Vanguard Value ETF were worth $93,635,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Bank of America Corp DE raised its position in shares of Vanguard Value ETF by 4.4% in the third quarter. Bank of America Corp DE now owns 133,808,505 shares of the company’s stock valued at $24,953,948,000 after purchasing an additional 5,667,887 shares during the period. Jones Financial Companies Lllp raised its position in shares of Vanguard Value ETF by 3.2% in the third quarter. Jones Financial Companies Lllp now owns 53,966,784 shares of the company’s stock valued at $10,068,563,000 after purchasing an additional 1,684,472 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Vanguard Value ETF by 5.3% in the third quarter. Envestnet Asset Management Inc. now owns 21,895,965 shares of the company’s stock valued at $4,083,379,000 after purchasing an additional 1,103,718 shares during the period. Ameriprise Financial Inc. raised its position in shares of Vanguard Value ETF by 4.5% in the third quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock valued at $2,072,160,000 after purchasing an additional 479,866 shares during the period. Finally, Raymond James Financial Inc. raised its position in shares of Vanguard Value ETF by 6.4% in the third quarter. Raymond James Financial Inc. now owns 7,922,686 shares of the company’s stock valued at $1,477,502,000 after purchasing an additional 476,101 shares during the period.

Vanguard Value ETF Trading Down 0.1%

Shares of VTV stock opened at $197.58 on Wednesday. Vanguard Value ETF has a 1 year low of $151.24 and a 1 year high of $208.20. The firm’s fifty day simple moving average is $201.22 and its 200 day simple moving average is $193.79. The firm has a market capitalization of $165.37 billion, a P/E ratio of 18.14 and a beta of 0.80.

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. The Index represents the value companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of predominantly large-capitalization companies in the United States equity market.