Summit Wealth Group LLC Co. Buys New Shares in Vanguard Value ETF $VTV

Summit Wealth Group LLC Co. bought a new stake in shares of Vanguard Value ETF (NYSEARCA:VTV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 22,214 shares of the company’s stock, valued at approximately $4,243,000. Vanguard Value ETF accounts for approximately 0.6% of Summit Wealth Group LLC Co.’s portfolio, making the stock its 27th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of America Corp DE increased its stake in Vanguard Value ETF by 4.4% during the 3rd quarter. Bank of America Corp DE now owns 133,808,505 shares of the company’s stock valued at $24,953,948,000 after purchasing an additional 5,667,887 shares in the last quarter. Jones Financial Companies Lllp increased its stake in Vanguard Value ETF by 3.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 53,966,784 shares of the company’s stock valued at $10,068,563,000 after purchasing an additional 1,684,472 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Value ETF by 5.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 21,895,965 shares of the company’s stock valued at $4,083,379,000 after purchasing an additional 1,103,718 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Vanguard Value ETF by 4.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock valued at $2,072,160,000 after purchasing an additional 479,866 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in Vanguard Value ETF by 6.4% during the 3rd quarter. Raymond James Financial Inc. now owns 7,922,686 shares of the company’s stock valued at $1,477,502,000 after purchasing an additional 476,101 shares in the last quarter.

Vanguard Value ETF Trading Up 0.1%

Shares of VTV stock opened at $208.51 on Wednesday. The firm has a market capitalization of $173.99 billion, a PE ratio of 18.14 and a beta of 0.76. The firm has a fifty day simple moving average of $201.07 and a two-hundred day simple moving average of $196.73. Vanguard Value ETF has a 12 month low of $167.63 and a 12 month high of $208.87.

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.