Balentine LLC Has $558.41 Million Stock Position in Vanguard Value ETF $VTV

Balentine LLC boosted its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 12,803.4% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,846,109 shares of the company’s stock after acquiring an additional 2,824,052 shares during the quarter. Vanguard Value ETF accounts for about 22.5% of Balentine LLC’s investment portfolio, making the stock its largest position. Balentine LLC owned 0.34% of Vanguard Value ETF worth $558,407,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Dorato Capital Management purchased a new position in Vanguard Value ETF in the 4th quarter worth approximately $25,000. Godsey & Gibb Inc. bought a new stake in shares of Vanguard Value ETF during the 4th quarter worth $26,000. Independence Bank of Kentucky purchased a new position in Vanguard Value ETF in the fourth quarter worth $29,000. CNB Bank purchased a new position in Vanguard Value ETF in the fourth quarter worth $29,000. Finally, Rexford Capital Inc. increased its stake in Vanguard Value ETF by 124.6% in the first quarter. Rexford Capital Inc. now owns 155 shares of the company’s stock valued at $30,000 after acquiring an additional 86 shares during the last quarter.

Vanguard Value ETF Stock Down 0.3%

NYSEARCA VTV opened at $217.38 on Thursday. The stock’s 50-day simple moving average is $211.34 and its two-hundred day simple moving average is $203.35. Vanguard Value ETF has a twelve month low of $174.35 and a twelve month high of $222.15. The company has a market capitalization of $183.70 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75.

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. 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.