NewEdge Wealth LLC Cuts Stock Position in Vanguard Value ETF (NYSEARCA:VTV)

NewEdge Wealth LLC decreased its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 2.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 283,056 shares of the company’s stock after selling 8,062 shares during the quarter. Vanguard Value ETF comprises about 0.8% of NewEdge Wealth LLC’s investment portfolio, making the stock its 24th largest position. NewEdge Wealth LLC’s holdings in Vanguard Value ETF were worth $47,921,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. LPL Financial LLC increased its position in shares of Vanguard Value ETF by 4.6% during the 3rd quarter. LPL Financial LLC now owns 9,388,550 shares of the company’s stock valued at $1,638,959,000 after purchasing an additional 412,100 shares during the last quarter. Mill Creek Capital Advisors LLC raised its stake in shares of Vanguard Value ETF by 1.4% in the third quarter. Mill Creek Capital Advisors LLC now owns 5,422,168 shares of the company’s stock valued at $946,548,000 after acquiring an additional 73,743 shares during the period. Captrust Financial Advisors lifted its holdings in shares of Vanguard Value ETF by 2.7% in the 3rd quarter. Captrust Financial Advisors now owns 5,331,460 shares of the company’s stock worth $930,713,000 after acquiring an additional 138,544 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Vanguard Value ETF by 1.4% in the 4th quarter. D.A. Davidson & CO. now owns 5,112,238 shares of the company’s stock worth $865,502,000 after acquiring an additional 69,429 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in Vanguard Value ETF by 0.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 4,160,341 shares of the company’s stock valued at $726,271,000 after purchasing an additional 30,834 shares during the last quarter.

Vanguard Value ETF Price Performance

Vanguard Value ETF stock opened at $176.28 on Thursday. Vanguard Value ETF has a 1-year low of $154.12 and a 1-year high of $182.38. The company’s 50-day moving average is $174.09 and its 200 day moving average is $174.10. The firm has a market capitalization of $275.00 billion, a P/E ratio of 19.87 and a beta of 0.90.

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.