Vanguard Value ETF $VTV Stake Increased by Merit Financial Group LLC

Merit Financial Group LLC increased its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 361.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 875,974 shares of the company’s stock after acquiring an additional 686,148 shares during the period. Vanguard Value ETF makes up approximately 1.7% of Merit Financial Group LLC’s portfolio, making the stock its 8th biggest holding. Merit Financial Group LLC owned 0.11% of Vanguard Value ETF worth $154,820,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Legend Financial Advisors Inc. purchased a new position in shares of Vanguard Value ETF in the 2nd quarter valued at about $31,000. Colonial Trust Advisors acquired a new position in Vanguard Value ETF during the first quarter worth about $32,000. Investors Research Corp grew its position in Vanguard Value ETF by 109.3% during the second quarter. Investors Research Corp now owns 203 shares of the company’s stock worth $36,000 after buying an additional 106 shares during the period. Sawyer & Company Inc increased its holdings in Vanguard Value ETF by 96.2% in the second quarter. Sawyer & Company Inc now owns 204 shares of the company’s stock valued at $36,000 after buying an additional 100 shares in the last quarter. Finally, Kessler Investment Group LLC acquired a new stake in shares of Vanguard Value ETF during the 1st quarter valued at approximately $40,000.

Vanguard Value ETF Price Performance

Shares of NYSEARCA:VTV opened at $187.53 on Friday. The firm has a market capitalization of $148.28 billion, a price-to-earnings ratio of 18.14 and a beta of 0.89. The business’s 50 day simple moving average is $182.37 and its 200-day simple moving average is $174.93. Vanguard Value ETF has a 12 month low of $150.43 and a 12 month high of $188.43.

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.