Kaydan Wealth Management Inc. Grows Position in Vanguard Value ETF (NYSEARCA:VTV)

Kaydan Wealth Management Inc. grew its stake in Vanguard Value ETF (NYSEARCA:VTV) by 0.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 166,496 shares of the company’s stock after acquiring an additional 295 shares during the quarter. Vanguard Value ETF accounts for 9.2% of Kaydan Wealth Management Inc.’s portfolio, making the stock its biggest holding. Kaydan Wealth Management Inc.’s holdings in Vanguard Value ETF were worth $28,761,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Delta Financial Group Inc. bought a new stake in Vanguard Value ETF in the fourth quarter worth $8,147,000. Bragg Financial Advisors Inc lifted its holdings in shares of Vanguard Value ETF by 2.6% during the fourth quarter. Bragg Financial Advisors Inc now owns 145,058 shares of the company’s stock valued at $24,558,000 after purchasing an additional 3,695 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Value ETF by 6.3% during the fourth quarter. Ameriprise Financial Inc. now owns 10,151,994 shares of the company’s stock valued at $1,719,223,000 after purchasing an additional 601,539 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Vanguard Value ETF during the fourth quarter valued at $48,000. Finally, Novem Group bought a new position in shares of Vanguard Value ETF during the fourth quarter valued at $13,973,000.

Vanguard Value ETF Price Performance

Shares of NYSEARCA:VTV opened at $174.22 on Tuesday. The company has a market cap of $277.01 billion, a P/E ratio of 18.68 and a beta of 0.83. Vanguard Value ETF has a 1 year low of $150.43 and a 1 year high of $182.38. The stock’s fifty day moving average price is $168.28 and its 200-day moving average price is $171.50.

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.