Grimes & Company Inc. Boosts Stake in Vanguard Value ETF (NYSEARCA:VTV)

Grimes & Company Inc. raised its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 21.7% in the third quarter, Holdings Channel.com reports. The fund owned 8,142 shares of the company’s stock after buying an additional 1,453 shares during the quarter. Grimes & Company Inc.’s holdings in Vanguard Value ETF were worth $1,421,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VTV. International Assets Investment Management LLC grew its position in Vanguard Value ETF by 170,141.6% during the third quarter. International Assets Investment Management LLC now owns 20,325,139 shares of the company’s stock valued at $3,548,160,000 after acquiring an additional 20,313,200 shares during the period. Strategic Financial Concepts LLC lifted its stake in shares of Vanguard Value ETF by 26,320.0% during the second quarter. Strategic Financial Concepts LLC now owns 2,684,011 shares of the company’s stock worth $430,542,000 after purchasing an additional 2,673,852 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Vanguard Value ETF by 179.7% during the first quarter. Cetera Investment Advisers now owns 2,185,380 shares of the company’s stock worth $355,911,000 after purchasing an additional 1,404,141 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Vanguard Value ETF during the second quarter worth about $183,842,000. Finally, Retirement Investment Advisors Inc. acquired a new position in shares of Vanguard Value ETF during the second quarter worth about $175,884,000.

Vanguard Value ETF Price Performance

Shares of VTV opened at $174.86 on Friday. The stock’s 50-day moving average is $172.60 and its two-hundred day moving average is $165.17. The stock has a market cap of $124.71 billion, a PE ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a 12 month low of $131.42 and a 12 month high of $178.18.

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.