Merit Financial Group LLC Grows Stock Position in Vanguard Value ETF $VTV

Merit Financial Group LLC raised its stake in Vanguard Value ETF (NYSEARCA:VTV) by 8.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 969,104 shares of the company’s stock after buying an additional 76,196 shares during the period. Vanguard Value ETF comprises about 1.5% of Merit Financial Group LLC’s portfolio, making the stock its 8th biggest position. Merit Financial Group LLC owned 0.12% of Vanguard Value ETF worth $185,089,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in VTV. Dorato Capital Management bought a new stake in shares of Vanguard Value ETF in the 4th quarter valued at about $25,000. Provenance Wealth Advisors LLC bought a new stake in shares of Vanguard Value ETF in the 3rd quarter valued at about $26,000. Chesapeake Asset Management LLC grew its position in shares of Vanguard Value ETF by 3,625.0% in the 3rd quarter. Chesapeake Asset Management LLC now owns 149 shares of the company’s stock valued at $28,000 after buying an additional 145 shares during the last quarter. Independence Bank of Kentucky bought a new stake in shares of Vanguard Value ETF in the 4th quarter valued at about $29,000. Finally, American Wealth Advisors LLC acquired a new position in shares of Vanguard Value ETF in the 3rd quarter valued at about $35,000.

Vanguard Value ETF Price Performance

Shares of Vanguard Value ETF stock opened at $202.58 on Friday. Vanguard Value ETF has a one year low of $157.09 and a one year high of $208.20. The stock’s 50-day moving average is $201.39 and its 200 day moving average is $194.47. The firm has a market cap of $169.04 billion, a price-to-earnings ratio of 18.14 and a beta of 0.77.

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.