Briggs Wealth Management Inc Buys New Position in Vanguard Value ETF $VTV

Briggs Wealth Management Inc acquired a new position in shares of Vanguard Value ETF (NYSEARCA:VTV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,518 shares of the company’s stock, valued at approximately $1,054,000. Vanguard Value ETF comprises about 1.1% of Briggs Wealth Management Inc’s portfolio, making the stock its 13th largest holding.

A number of other hedge funds also recently bought and sold shares of VTV. Bank of America Corp DE lifted its holdings in shares of Vanguard Value ETF by 1.7% in the 4th quarter. Bank of America Corp DE now owns 136,148,963 shares of the company’s stock worth $26,003,090,000 after acquiring an additional 2,340,458 shares during the last quarter. Align Financial LLC bought a new position in shares of Vanguard Value ETF during the fourth quarter valued at about $2,128,845,000. Ameriprise Financial Inc. lifted its holdings in Vanguard Value ETF by 4.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock worth $2,072,160,000 after buying an additional 479,866 shares during the period. LPL Financial LLC lifted its stake in Vanguard Value ETF by 1.5% in the fourth quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock worth $2,051,544,000 after acquiring an additional 158,367 shares during the period. Finally, Raymond James Financial Inc. lifted its position in shares of Vanguard Value ETF by 10.6% in the 4th quarter. Raymond James Financial Inc. now owns 8,759,680 shares of the company’s stock worth $1,673,011,000 after purchasing an additional 836,994 shares during the period.

Vanguard Value ETF Price Performance

Shares of VTV opened at $216.50 on Friday. The firm has a market capitalization of $180.66 billion, a PE ratio of 18.14 and a beta of 0.75. The company has a 50-day simple moving average of $208.58 and a two-hundred day simple moving average of $201.59. Vanguard Value ETF has a one year low of $172.60 and a one year high of $219.93.

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. 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.