United Wealth Management LLC Invests $490,000 in Vanguard Value ETF $VTV

United Wealth Management LLC acquired a new position in Vanguard Value ETF (NYSEARCA:VTV) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,566 shares of the company’s stock, valued at approximately $490,000. Vanguard Value ETF makes up approximately 0.1% of United Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE increased its stake in shares of 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 worth $24,953,948,000 after purchasing an additional 5,667,887 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Vanguard Value ETF by 4.5% in the third quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock worth $2,072,160,000 after purchasing an additional 479,866 shares in the last quarter. LPL Financial LLC increased its stake in shares of Vanguard Value ETF by 1.5% in the fourth quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock worth $2,051,544,000 after purchasing an additional 158,367 shares in the last quarter. Valpey Financial Services LLC increased its stake in shares of 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 worth $1,602,235,000 after purchasing an additional 8,345,202 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in shares of Vanguard Value ETF by 6.4% in the third quarter. Raymond James Financial Inc. now owns 7,922,686 shares of the company’s stock worth $1,477,502,000 after purchasing an additional 476,101 shares in the last quarter.

Vanguard Value ETF Price Performance

Shares of NYSEARCA VTV opened at $211.54 on Thursday. The firm has a fifty day moving average price of $206.20 and a 200-day moving average price of $200.37. The stock has a market cap of $176.52 billion, a PE ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a 1 year low of $172.57 and a 1 year high of $215.25.

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.