Factor Wealth Management LTD Boosts Stake in Vanguard Value ETF $VTV

Factor Wealth Management LTD increased its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 8.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 43,901 shares of the company’s stock after acquiring an additional 3,411 shares during the period. Vanguard Value ETF makes up about 1.6% of Factor Wealth Management LTD’s portfolio, making the stock its 19th largest holding. Factor Wealth Management LTD’s holdings in Vanguard Value ETF were worth $8,613,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VTV. Bank of America Corp DE raised its holdings in 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 purchasing an additional 2,340,458 shares during the period. Align Financial LLC acquired a new stake in Vanguard Value ETF in the fourth quarter valued at approximately $2,128,845,000. Ameriprise Financial Inc. increased 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 buying an additional 479,866 shares in the last quarter. LPL Financial LLC increased its position in shares of Vanguard Value ETF by 1.5% in the fourth quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock valued at $2,051,544,000 after buying an additional 158,367 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Vanguard Value ETF by 10.6% in the fourth quarter. Raymond James Financial Inc. now owns 8,759,680 shares of the company’s stock valued at $1,673,011,000 after buying an additional 836,994 shares in the last quarter.

Vanguard Value ETF Price Performance

Shares of VTV stock opened at $217.59 on Thursday. Vanguard Value ETF has a 1-year low of $174.35 and a 1-year high of $219.93. The company has a market cap of $181.57 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75. The stock has a 50 day simple moving average of $209.80 and a 200-day simple moving average of $202.37.

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.