Precedent Wealth Partners LLC Takes $2.38 Million Position in Vanguard Value ETF $VTV

Precedent Wealth Partners LLC bought a new position in shares of Vanguard Value ETF (NYSEARCA:VTV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,479 shares of the company’s stock, valued at approximately $2,383,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VTV. Provenance Wealth Advisors LLC purchased a new position in Vanguard Value ETF in the third quarter valued at approximately $26,000. Chesapeake Asset Management LLC lifted its position in shares of Vanguard Value ETF by 3,625.0% during the 3rd quarter. Chesapeake Asset Management LLC now owns 149 shares of the company’s stock worth $28,000 after buying an additional 145 shares during the last quarter. American Wealth Advisors LLC acquired a new position in shares of Vanguard Value ETF in the 3rd quarter valued at $35,000. Palisade Asset Management LLC acquired a new position in shares of Vanguard Value ETF in the 3rd quarter valued at $36,000. Finally, United Community Bank grew its position in shares of Vanguard Value ETF by 166.7% in the 3rd quarter. United Community Bank now owns 200 shares of the company’s stock valued at $37,000 after buying an additional 125 shares during the last quarter.

Vanguard Value ETF Price Performance

Shares of NYSEARCA:VTV opened at $194.52 on Friday. The company’s fifty day moving average price is $201.58 and its 200 day moving average price is $192.62. Vanguard Value ETF has a 12 month low of $150.43 and a 12 month high of $208.20. The firm has a market capitalization of $160.54 billion, a P/E ratio of 18.14 and a beta of 0.82.

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.