Spire Wealth Management Lowers Stake in Vanguard Value ETF (NYSEARCA:VTV)

Spire Wealth Management trimmed its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 3.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 118,587 shares of the company’s stock after selling 3,941 shares during the quarter. Spire Wealth Management’s holdings in Vanguard Value ETF were worth $17,693,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its stake in shares of Vanguard Value ETF by 1.1% during the third quarter. Jones Financial Companies Lllp now owns 53,699,589 shares of the company’s stock worth $7,406,784,000 after purchasing an additional 583,028 shares during the last quarter. Betterment LLC raised its position in Vanguard Value ETF by 1.9% during the 3rd quarter. Betterment LLC now owns 12,721,775 shares of the company’s stock worth $1,754,714,000 after buying an additional 231,256 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Vanguard Value ETF by 1.4% in the third quarter. Ameriprise Financial Inc. now owns 8,423,766 shares of the company’s stock valued at $1,161,270,000 after acquiring an additional 119,948 shares in the last quarter. LPL Financial LLC increased its stake in shares of Vanguard Value ETF by 7.1% during the third quarter. LPL Financial LLC now owns 8,306,355 shares of the company’s stock worth $1,145,695,000 after acquiring an additional 549,925 shares during the period. Finally, TIAA Trust National Association raised its holdings in Vanguard Value ETF by 0.5% during the fourth quarter. TIAA Trust National Association now owns 5,545,262 shares of the company’s stock worth $829,017,000 after purchasing an additional 26,485 shares in the last quarter.

Vanguard Value ETF Stock Performance

NYSEARCA:VTV traded up $0.91 during mid-day trading on Friday, reaching $157.76. The stock had a trading volume of 1,830,879 shares, compared to its average volume of 2,411,457. Vanguard Value ETF has a twelve month low of $131.42 and a twelve month high of $163.30. The business has a 50 day simple moving average of $158.43 and a 200 day simple moving average of $150.29. The firm has a market capitalization of $112.51 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70.

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.