Gainline Financial Partners LLC Invests $2.25 Million in Vanguard Value ETF $VTV

Gainline Financial Partners LLC acquired a new position in Vanguard Value ETF (NYSEARCA:VTV) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,345 shares of the company’s stock, valued at approximately $2,254,000. Vanguard Value ETF accounts for 2.1% of Gainline Financial Partners LLC’s investment portfolio, making the stock its 11th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTV. Bank of America Corp DE boosted its stake in shares of Vanguard Value ETF by 1.7% during 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 during the last quarter. Align Financial LLC purchased a new stake in shares of Vanguard Value ETF in the 4th quarter worth $2,128,845,000. LPL Financial LLC increased its stake in shares of Vanguard Value ETF by 1.5% in 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 in the last quarter. EP Wealth Advisors LLC raised its holdings in Vanguard Value ETF by 6.7% in the 2nd quarter. EP Wealth Advisors LLC now owns 8,979,182 shares of the company’s stock worth $1,956,833,000 after purchasing an additional 560,448 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in Vanguard Value ETF by 10.6% in 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 period.

Vanguard Value ETF Stock Performance

NYSEARCA VTV opened at $226.46 on Friday. The business’s fifty day moving average is $222.36 and its 200 day moving average is $211.70. Vanguard Value ETF has a fifty-two week low of $181.22 and a fifty-two week high of $228.57. The company has a market capitalization of $193.32 billion, a PE ratio of 18.14 and a beta of 0.75.

Vanguard Value ETF 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.