Summit Financial LLC Has $92.03 Million Stock Holdings in Vanguard Value ETF $VTV

Summit Financial LLC increased its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 481,837 shares of the company’s stock after buying an additional 9,962 shares during the quarter. Vanguard Value ETF accounts for about 1.4% of Summit Financial LLC’s holdings, making the stock its 10th biggest holding. Summit Financial LLC’s holdings in Vanguard Value ETF were worth $92,026,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Valpey Financial Services LLC boosted its position in Vanguard Value ETF by 19,007.8% in the fourth quarter. Valpey Financial Services LLC now owns 8,389,106 shares of the company’s stock valued at $1,602,235,000 after buying an additional 8,345,202 shares in the last quarter. Bank of America Corp DE boosted its position in Vanguard Value ETF by 4.4% in the third quarter. Bank of America Corp DE now owns 133,808,505 shares of the company’s stock valued at $24,953,948,000 after buying an additional 5,667,887 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its position in Vanguard Value ETF by 79.3% in the third quarter. Moneta Group Investment Advisors LLC now owns 3,229,930 shares of the company’s stock valued at $602,350,000 after buying an additional 1,428,525 shares in the last quarter. Alliancebernstein L.P. boosted its position in Vanguard Value ETF by 368.0% in the second quarter. Alliancebernstein L.P. now owns 1,278,563 shares of the company’s stock valued at $225,973,000 after buying an additional 1,005,350 shares in the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new stake in Vanguard Value ETF in the third quarter valued at approximately $177,693,000.

Vanguard Value ETF Price Performance

Shares of Vanguard Value ETF stock opened at $217.09 on Friday. Vanguard Value ETF has a fifty-two week low of $172.57 and a fifty-two week high of $217.62. The firm has a market capitalization of $181.15 billion, a P/E ratio of 18.14 and a beta of 0.75. The company’s 50 day moving average price is $206.99 and its two-hundred day moving average price is $200.69.

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.