Balanced Wealth Group LLC Makes New Investment in Vanguard S&P 500 Value ETF (NYSEARCA:VOOV)

Balanced Wealth Group LLC purchased a new position in Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 15,370 shares of the company’s stock, valued at approximately $2,582,000. Vanguard S&P 500 Value ETF accounts for 1.3% of Balanced Wealth Group LLC’s investment portfolio, making the stock its 19th biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Beacon Bridge Wealth Partners LLC boosted its position in shares of Vanguard S&P 500 Value ETF by 13.1% during the 3rd quarter. Beacon Bridge Wealth Partners LLC now owns 14,192 shares of the company’s stock valued at $2,110,000 after acquiring an additional 1,644 shares during the last quarter. Confluence Wealth Services Inc. boosted its position in shares of Vanguard S&P 500 Value ETF by 4.8% during the 3rd quarter. Confluence Wealth Services Inc. now owns 1,923 shares of the company’s stock valued at $286,000 after acquiring an additional 88 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Vanguard S&P 500 Value ETF by 1.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 20,299 shares of the company’s stock valued at $3,018,000 after acquiring an additional 297 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in shares of Vanguard S&P 500 Value ETF during the 3rd quarter valued at approximately $285,000. Finally, First Bancorp Inc ME boosted its position in shares of Vanguard S&P 500 Value ETF by 5.8% during the 4th quarter. First Bancorp Inc ME now owns 13,094 shares of the company’s stock valued at $2,199,000 after acquiring an additional 715 shares during the last quarter.

Vanguard S&P 500 Value ETF Trading Up 0.1 %

Shares of Vanguard S&P 500 Value ETF stock traded up $0.09 during trading on Wednesday, hitting $176.03. 115,020 shares of the stock traded hands, compared to its average volume of 94,379. The firm has a market cap of $4.54 billion, a P/E ratio of 23.00 and a beta of 0.84. Vanguard S&P 500 Value ETF has a 52-week low of $142.37 and a 52-week high of $180.98. The stock’s fifty day simple moving average is $175.61 and its 200 day simple moving average is $167.46.

About Vanguard S&P 500 Value ETF

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.