Shore Point Advisors LLC Buys 102,347 Shares of Vanguard Value ETF $VTV

Shore Point Advisors LLC increased its stake in Vanguard Value ETF (NYSEARCA:VTV) by 82.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 226,259 shares of the company’s stock after buying an additional 102,347 shares during the period. Vanguard Value ETF makes up about 15.1% of Shore Point Advisors LLC’s portfolio, making the stock its 2nd biggest position. Shore Point Advisors LLC’s holdings in Vanguard Value ETF were worth $43,213,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Keener Financial Planning LLC increased its holdings in Vanguard Value ETF by 1.2% in the fourth quarter. Keener Financial Planning LLC now owns 5,881 shares of the company’s stock worth $1,123,000 after purchasing an additional 69 shares in the last quarter. Galvin Gaustad & Stein LLC increased its holdings in shares of Vanguard Value ETF by 12.6% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 7,870 shares of the company’s stock valued at $1,503,000 after acquiring an additional 881 shares in the last quarter. Evolution Advisers Inc. grew its holdings in Vanguard Value ETF by 2.8% during the fourth quarter. Evolution Advisers Inc. now owns 131,486 shares of the company’s stock worth $25,112,000 after buying an additional 3,574 shares in the last quarter. Rede Wealth LLC bought a new stake in Vanguard Value ETF during the fourth quarter worth $1,048,000. Finally, Norris Perne & French LLP MI bought a new stake in Vanguard Value ETF during the fourth quarter worth $234,000.

Vanguard Value ETF Trading Up 0.6%

Shares of Vanguard Value ETF stock opened at $202.61 on Tuesday. The stock has a fifty day simple moving average of $201.41 and a 200 day simple moving average of $194.25. Vanguard Value ETF has a 12-month low of $157.09 and a 12-month high of $208.20. The company has a market capitalization of $169.07 billion, a P/E ratio of 18.14 and a beta of 0.77.

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.