JDM Financial Group LLC Cuts Stake in Vanguard Value ETF (NYSEARCA:VTV)

JDM Financial Group LLC lessened its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 18.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,530 shares of the company’s stock after selling 349 shares during the quarter. JDM Financial Group LLC’s holdings in Vanguard Value ETF were worth $229,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Cedar Point Capital Partners LLC purchased a new position in shares of Vanguard Value ETF in the fourth quarter worth about $240,000. Gilliland Jeter Wealth Management LLC purchased a new position in Vanguard Value ETF in the 4th quarter worth approximately $2,303,000. Delta Investment Management LLC bought a new stake in Vanguard Value ETF in the fourth quarter valued at approximately $235,000. Golden State Equity Partners boosted its stake in shares of Vanguard Value ETF by 8.9% during the fourth quarter. Golden State Equity Partners now owns 2,739 shares of the company’s stock valued at $409,000 after purchasing an additional 225 shares during the period. Finally, Raab & Moskowitz Asset Management LLC increased its stake in shares of Vanguard Value ETF by 6.2% in the fourth quarter. Raab & Moskowitz Asset Management LLC now owns 43,761 shares of the company’s stock worth $6,542,000 after buying an additional 2,554 shares during the period.

Vanguard Value ETF Price Performance

VTV traded down $0.09 during trading on Friday, hitting $157.91. 1,692,258 shares of the stock traded hands, compared to its average volume of 2,430,908. The firm has a market capitalization of $112.62 billion, a P/E ratio of 17.38 and a beta of 0.73. Vanguard Value ETF has a 12-month low of $131.42 and a 12-month high of $163.30. The firm has a 50-day moving average of $158.18 and a 200 day moving average of $149.46.

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.