Fifth Third Bancorp Decreases Stock Position in Vanguard Value ETF $VTV

Fifth Third Bancorp cut its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 2.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 290,480 shares of the company’s stock after selling 7,012 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Value ETF were worth $51,339,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. LMG Wealth Partners LLC raised its stake in Vanguard Value ETF by 1.6% in the first quarter. LMG Wealth Partners LLC now owns 3,865 shares of the company’s stock valued at $668,000 after buying an additional 60 shares during the last quarter. Brooklyn FI LLC raised its stake in Vanguard Value ETF by 3.7% in the second quarter. Brooklyn FI LLC now owns 1,703 shares of the company’s stock valued at $301,000 after buying an additional 61 shares during the last quarter. ORBA Wealth Advisors L.L.C. raised its stake in Vanguard Value ETF by 3.1% in the first quarter. ORBA Wealth Advisors L.L.C. now owns 2,055 shares of the company’s stock valued at $355,000 after buying an additional 62 shares during the last quarter. Farmers & Merchants Investments Inc. raised its stake in Vanguard Value ETF by 1.8% in the second quarter. Farmers & Merchants Investments Inc. now owns 3,687 shares of the company’s stock valued at $652,000 after buying an additional 64 shares during the last quarter. Finally, SJS Investment Consulting Inc. raised its stake in Vanguard Value ETF by 1.7% in the second quarter. SJS Investment Consulting Inc. now owns 3,751 shares of the company’s stock valued at $663,000 after buying an additional 64 shares during the last quarter.

Vanguard Value ETF Stock Performance

Shares of VTV stock opened at $186.26 on Wednesday. The stock’s 50-day simple moving average is $181.15 and its 200-day simple moving average is $174.11. The firm has a market capitalization of $145.98 billion, a PE ratio of 18.14 and a beta of 0.89. Vanguard Value ETF has a fifty-two week low of $150.43 and a fifty-two week high of $187.19.

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.