Eastern Bank Trims Position in Vanguard Value ETF $VTV

Eastern Bank decreased its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 45.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,454 shares of the company’s stock after selling 1,210 shares during the quarter. Eastern Bank’s holdings in Vanguard Value ETF were worth $257,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Legend Financial Advisors Inc. purchased a new position in shares of Vanguard Value ETF during the second quarter worth about $31,000. Colonial Trust Advisors purchased a new position in shares of Vanguard Value ETF during the first quarter worth about $32,000. Berkshire Money Management Inc. purchased a new position in shares of Vanguard Value ETF during the second quarter worth about $33,000. Investors Research Corp grew its holdings in shares of Vanguard Value ETF by 109.3% during the second quarter. Investors Research Corp now owns 203 shares of the company’s stock worth $36,000 after purchasing an additional 106 shares in the last quarter. Finally, Sawyer & Company Inc grew its holdings in shares of Vanguard Value ETF by 96.2% during the second quarter. Sawyer & Company Inc now owns 204 shares of the company’s stock worth $36,000 after purchasing an additional 100 shares in the last quarter.

Vanguard Value ETF Price Performance

Shares of VTV opened at $182.87 on Monday. The firm has a market cap of $146.29 billion, a P/E ratio of 18.14 and a beta of 0.89. The stock has a 50 day simple moving average of $183.16 and a two-hundred day simple moving average of $175.38. Vanguard Value ETF has a 1 year low of $150.43 and a 1 year high of $188.43.

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.