Vanguard Value ETF $VTV Stock Sold by Smith Partners Wealth Management LLC

Smith Partners Wealth Management LLC reduced its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 28.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 8,555 shares of the company’s stock after selling 3,434 shares during the period. Vanguard Value ETF makes up 1.3% of Smith Partners Wealth Management LLC’s holdings, making the stock its 19th biggest holding. Smith Partners Wealth Management LLC’s holdings in Vanguard Value ETF were worth $1,849,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of VTV. Knuff & Co LLC bought a new position in Vanguard Value ETF in the second quarter valued at about $27,000. Edgemoor Investment Advisors Inc. acquired a new position in Vanguard Value ETF during the third quarter worth about $35,000. Nvwm LLC acquired a new position in Vanguard Value ETF during the third quarter worth about $39,000. Allied Private Wealth LLC acquired a new position in Vanguard Value ETF during the second quarter worth about $41,000. Finally, Team Financial Group LLC acquired a new position in Vanguard Value ETF during the third quarter worth about $40,000.

Vanguard Value ETF Trading Up 1.0%

VTV stock opened at $230.04 on Thursday. The stock has a market capitalization of $197.69 billion, a P/E ratio of 18.14 and a beta of 0.74. Vanguard Value ETF has a 12 month low of $182.81 and a 12 month high of $231.99. The firm has a 50-day moving average price of $223.16 and a 200-day moving average price of $213.71.

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. 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.