Dickmeyer Boyce Financial Management Inc. Invests $3.44 Million in Vanguard Value ETF $VTV

Dickmeyer Boyce Financial Management Inc. acquired a new stake in Vanguard Value ETF (NYSEARCA:VTV) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 17,515 shares of the company’s stock, valued at approximately $3,436,000. Vanguard Value ETF comprises approximately 2.0% of Dickmeyer Boyce Financial Management Inc.’s investment portfolio, making the stock its 11th biggest position.

Several other hedge funds have also recently added to or reduced their stakes in VTV. Dorato Capital Management bought a new stake in Vanguard Value ETF during the 4th quarter worth approximately $25,000. Godsey & Gibb Inc. acquired a new stake in Vanguard Value ETF during the 4th quarter worth approximately $26,000. Independence Bank of Kentucky bought a new position in Vanguard Value ETF in the fourth quarter valued at approximately $29,000. CNB Bank bought a new position in Vanguard Value ETF in the fourth quarter valued at approximately $29,000. Finally, Rexford Capital Inc. boosted its holdings in shares of Vanguard Value ETF by 124.6% in the first quarter. Rexford Capital Inc. now owns 155 shares of the company’s stock valued at $30,000 after buying an additional 86 shares during the period.

Vanguard Value ETF Stock Up 0.2%

Shares of VTV stock opened at $219.86 on Friday. The firm has a fifty day moving average of $215.49 and a 200-day moving average of $206.36. Vanguard Value ETF has a 12-month low of $174.35 and a 12-month high of $222.15. The company has a market capitalization of $187.68 billion, a price-to-earnings 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.