Truist Financial Corp Decreases Stock Position in Vanguard Value ETF $VTV

Truist Financial Corp reduced its position in Vanguard Value ETF (NYSEARCA:VTV) by 21.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,608,888 shares of the company’s stock after selling 713,851 shares during the quarter. Vanguard Value ETF makes up about 0.7% of Truist Financial Corp’s holdings, making the stock its 28th largest position. Truist Financial Corp’s holdings in Vanguard Value ETF were worth $498,271,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Bank of America Corp DE increased its position in Vanguard Value ETF by 4.4% in the third quarter. Bank of America Corp DE now owns 133,808,505 shares of the company’s stock worth $24,953,948,000 after buying an additional 5,667,887 shares during the last quarter. Jones Financial Companies Lllp increased its position in Vanguard Value ETF by 3.2% in the third quarter. Jones Financial Companies Lllp now owns 53,966,784 shares of the company’s stock worth $10,068,563,000 after buying an additional 1,684,472 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard Value ETF by 5.3% in the third quarter. Envestnet Asset Management Inc. now owns 21,895,965 shares of the company’s stock worth $4,083,379,000 after buying an additional 1,103,718 shares during the last quarter. Ameriprise Financial Inc. increased its position in Vanguard Value ETF by 4.5% in the third quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock worth $2,072,160,000 after buying an additional 479,866 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in Vanguard Value ETF by 6.4% in the third quarter. Raymond James Financial Inc. now owns 7,922,686 shares of the company’s stock worth $1,477,502,000 after buying an additional 476,101 shares during the last quarter.

Vanguard Value ETF Price Performance

NYSEARCA:VTV opened at $205.95 on Monday. The company has a market capitalization of $171.85 billion, a P/E ratio of 18.14 and a beta of 0.76. Vanguard Value ETF has a 1 year low of $166.20 and a 1 year high of $208.20. The business has a fifty day simple moving average of $200.97 and a two-hundred day simple moving average of $195.84.

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. 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.