Vanguard Value ETF (NYSEARCA:VTV) Stake Lowered by King Wealth Management Group

King Wealth Management Group decreased its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 57.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,738 shares of the company’s stock after selling 9,128 shares during the period. King Wealth Management Group’s holdings in Vanguard Value ETF were worth $1,176,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. NBC Securities Inc. grew its stake in shares of Vanguard Value ETF by 1.0% in the 3rd quarter. NBC Securities Inc. now owns 5,946 shares of the company’s stock valued at $1,038,000 after buying an additional 57 shares in the last quarter. Embree Financial Group lifted its stake in shares of Vanguard Value ETF by 0.7% in the third quarter. Embree Financial Group now owns 8,661 shares of the company’s stock valued at $1,512,000 after buying an additional 57 shares during the period. Confluence Wealth Services Inc. increased its position in shares of Vanguard Value ETF by 1.6% during the third quarter. Confluence Wealth Services Inc. now owns 3,812 shares of the company’s stock valued at $665,000 after purchasing an additional 61 shares during the period. Sheets Smith Wealth Management lifted its holdings in shares of Vanguard Value ETF by 0.3% during the 3rd quarter. Sheets Smith Wealth Management now owns 18,698 shares of the company’s stock worth $3,264,000 after acquiring an additional 61 shares during the period. Finally, Independent Wealth Network Inc. boosted its holdings in Vanguard Value ETF by 3.0% during the first quarter. Independent Wealth Network Inc. now owns 2,163 shares of the company’s stock valued at $352,000 after purchasing an additional 63 shares in the last quarter.

Vanguard Value ETF Stock Down 0.7 %

Shares of Vanguard Value ETF stock opened at $176.74 on Friday. The stock has a market capitalization of $126.05 billion, a P/E ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a 12-month low of $139.85 and a 12-month high of $180.06. The company has a 50-day simple moving average of $174.16 and a 200 day simple moving average of $167.05.

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.