E&R Wealth Management LLC Purchases New Shares in Vanguard Value ETF $VTV

E&R Wealth Management LLC purchased a new stake in shares of Vanguard Value ETF (NYSEARCA:VTV) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 115,235 shares of the company’s stock, valued at approximately $22,009,000. Vanguard Value ETF makes up approximately 23.0% of E&R Wealth Management LLC’s investment portfolio, making the stock its biggest position.

Several other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE boosted its position in shares of Vanguard Value ETF by 4.4% during 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 purchasing an additional 5,667,887 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Vanguard Value ETF by 4.5% during the third quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock valued at $2,072,160,000 after purchasing an additional 479,866 shares in the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Value ETF by 1.5% during the fourth quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock valued at $2,051,544,000 after purchasing an additional 158,367 shares in the last quarter. Valpey Financial Services LLC boosted its position in shares of Vanguard Value ETF by 19,007.8% during 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 purchasing an additional 8,345,202 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of Vanguard Value ETF by 6.4% during the third quarter. Raymond James Financial Inc. now owns 7,922,686 shares of the company’s stock valued at $1,477,502,000 after purchasing an additional 476,101 shares in the last quarter.

Vanguard Value ETF Trading Down 1.0%

Shares of NYSEARCA:VTV opened at $211.54 on Thursday. The stock has a fifty day simple moving average of $206.20 and a two-hundred day simple moving average of $200.37. The stock has a market capitalization of $176.52 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a 12-month low of $172.57 and a 12-month high of $215.25.

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.