Vanguard Value ETF $VTV Stake Boosted by Thrive Wealth Management LLC

Thrive Wealth Management LLC increased its stake in Vanguard Value ETF (NYSEARCA:VTV) by 0.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 869,143 shares of the company’s stock after acquiring an additional 7,419 shares during the period. Vanguard Value ETF comprises 24.1% of Thrive Wealth Management LLC’s holdings, making the stock its largest position. Thrive Wealth Management LLC’s holdings in Vanguard Value ETF were worth $189,412,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of America Corp DE increased its stake in shares of Vanguard Value ETF by 1.7% in the 4th 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 in the last quarter. Align Financial LLC purchased a new stake in Vanguard Value ETF in the fourth quarter worth about $2,128,845,000. LPL Financial LLC grew its holdings in Vanguard Value ETF by 1.5% in the fourth 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 period. Raymond James Financial Inc. increased its stake in shares of Vanguard Value ETF by 10.6% during the fourth quarter. Raymond James Financial Inc. now owns 8,759,680 shares of the company’s stock valued at $1,673,011,000 after purchasing an additional 836,994 shares in the last quarter. Finally, Valpey Financial Services LLC increased its stake in shares of Vanguard Value ETF by 19,007.8% during the fourth quarter. Valpey Financial Services LLC now owns 8,389,106 shares of the company’s stock valued at $1,602,235,000 after purchasing an additional 8,345,202 shares in the last quarter.

Vanguard Value ETF Stock Performance

VTV stock opened at $223.99 on Thursday. The firm has a 50 day moving average price of $217.70 and a 200-day moving average price of $207.97. Vanguard Value ETF has a 52-week low of $176.23 and a 52-week high of $225.00. The firm has a market capitalization of $191.21 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75.

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. 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.