Vertrix Wealth Management LLC Makes New $2.17 Million Investment in Vanguard Value ETF $VTV

Vertrix Wealth Management LLC bought a new position in shares of Vanguard Value ETF (NYSEARCA:VTV) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 11,060 shares of the company’s stock, valued at approximately $2,170,000.

A number of other hedge funds have also modified their holdings of VTV. Bank of America Corp DE boosted its position in Vanguard Value ETF by 1.7% during the fourth quarter. Bank of America Corp DE now owns 136,148,963 shares of the company’s stock worth $26,003,090,000 after acquiring an additional 2,340,458 shares during the last quarter. Align Financial LLC purchased a new position in Vanguard Value ETF in the 4th quarter worth approximately $2,128,845,000. Ameriprise Financial Inc. lifted its stake in Vanguard Value ETF by 4.5% in the 3rd 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 boosted its holdings in shares of Vanguard Value ETF by 1.5% during the 4th 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 during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of Vanguard Value ETF by 10.6% during the 4th quarter. Raymond James Financial Inc. now owns 8,759,680 shares of the company’s stock worth $1,673,011,000 after purchasing an additional 836,994 shares during the last quarter.

Vanguard Value ETF Price Performance

VTV stock opened at $217.38 on Thursday. The business has a 50 day simple moving average of $211.34 and a 200-day simple moving average of $203.35. The firm has a market capitalization of $183.70 billion, a PE ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a 1 year low of $174.35 and a 1 year high of $222.15.

About Vanguard Value ETF

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.