MMA Asset Management LLC Buys 9,273 Shares of Vanguard S&P 500 Value ETF $VOOV

MMA Asset Management LLC lifted its stake in Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) by 10.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 98,306 shares of the company’s stock after purchasing an additional 9,273 shares during the period. Vanguard S&P 500 Value ETF makes up about 6.8% of MMA Asset Management LLC’s investment portfolio, making the stock its 2nd biggest position. MMA Asset Management LLC’s holdings in Vanguard S&P 500 Value ETF were worth $21,661,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Integrity Alliance LLC. boosted its stake in Vanguard S&P 500 Value ETF by 1.4% during the third quarter. Integrity Alliance LLC. now owns 4,478 shares of the company’s stock worth $987,000 after buying an additional 62 shares during the last quarter. Traynor Capital Management Inc. purchased a new stake in Vanguard S&P 500 Value ETF in the 3rd quarter valued at $355,000. Partners Wealth Management LLC purchased a new stake in Vanguard S&P 500 Value ETF in the 3rd quarter valued at $201,000. Choreo LLC grew its holdings in Vanguard S&P 500 Value ETF by 28.3% in the 3rd quarter. Choreo LLC now owns 6,196 shares of the company’s stock valued at $1,365,000 after buying an additional 1,367 shares in the last quarter. Finally, Shakespeare Wealth Management LLC increased its stake in shares of Vanguard S&P 500 Value ETF by 3.8% in the 3rd quarter. Shakespeare Wealth Management LLC now owns 361,772 shares of the company’s stock worth $79,713,000 after acquiring an additional 13,227 shares during the last quarter.

Vanguard S&P 500 Value ETF Stock Down 2.8%

Shares of VOOV opened at $228.40 on Friday. Vanguard S&P 500 Value ETF has a 52-week low of $196.29 and a 52-week high of $236.07. The stock has a fifty day simple moving average of $226.90 and a two-hundred day simple moving average of $218.87. The company has a market capitalization of $6.80 billion, a PE ratio of 20.05 and a beta of 0.83.

Vanguard S&P 500 Value ETF Profile

The Vanguard S&P 500 Value ETF (VOOV) is an exchange-traded fund that is based on the S&P 500 Value index. The fund tracks an index of large- and mid-cap value-style securities from the Committee-selected S&P 500. VOOV was launched on Sep 7, 2010 and is managed by Vanguard.