Magnolia Capital Advisors LLC Reduces Holdings in Vanguard Value ETF $VTV

Magnolia Capital Advisors LLC lowered its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 35.6% in the third quarter, Holdings Channel reports. The institutional investor owned 30,883 shares of the company’s stock after selling 17,076 shares during the quarter. Vanguard Value ETF comprises approximately 1.5% of Magnolia Capital Advisors LLC’s holdings, making the stock its 11th largest position. Magnolia Capital Advisors LLC’s holdings in Vanguard Value ETF were worth $5,759,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Provenance Wealth Advisors LLC purchased a new position in Vanguard Value ETF in the third quarter worth approximately $26,000. Chesapeake Asset Management LLC raised its position in Vanguard Value ETF by 3,625.0% in the third quarter. Chesapeake Asset Management LLC now owns 149 shares of the company’s stock valued at $28,000 after purchasing an additional 145 shares during the period. Cedar Wealth Management LLC purchased a new stake in Vanguard Value ETF in the second quarter valued at $35,000. American Wealth Advisors LLC acquired a new position in shares of Vanguard Value ETF in the 3rd quarter valued at $35,000. Finally, United Community Bank lifted its stake in shares of Vanguard Value ETF by 166.7% in the 3rd quarter. United Community Bank now owns 200 shares of the company’s stock valued at $37,000 after purchasing an additional 125 shares during the last quarter.

Vanguard Value ETF Trading Down 0.3%

NYSEARCA VTV opened at $199.39 on Thursday. The stock has a fifty day simple moving average of $201.20 and a 200-day simple moving average of $191.99. The stock has a market cap of $164.56 billion, a PE ratio of 18.14 and a beta of 0.82. Vanguard Value ETF has a twelve month low of $150.43 and a twelve month high of $208.20.

Vanguard Value ETF 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.