Vanguard Value ETF $VTV Shares Purchased by Meridian Wealth Management LLC

Meridian Wealth Management LLC increased its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 129,464 shares of the company’s stock after purchasing an additional 3,333 shares during the period. Vanguard Value ETF accounts for approximately 0.9% of Meridian Wealth Management LLC’s portfolio, making the stock its 20th largest position. Meridian Wealth Management LLC’s holdings in Vanguard Value ETF were worth $24,726,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VTV. Brighton Jones LLC grew its stake in shares of Vanguard Value ETF by 7.9% during the fourth quarter. Brighton Jones LLC now owns 42,618 shares of the company’s stock worth $7,215,000 after purchasing an additional 3,109 shares in the last quarter. Bison Wealth LLC grew its stake in shares of Vanguard Value ETF by 10.7% during the fourth quarter. Bison Wealth LLC now owns 3,092 shares of the company’s stock worth $523,000 after purchasing an additional 298 shares in the last quarter. Millennium Management LLC acquired a new position in shares of Vanguard Value ETF during the first quarter worth $4,052,000. United Bank grew its stake in shares of Vanguard Value ETF by 1.8% during the second quarter. United Bank now owns 21,435 shares of the company’s stock worth $3,788,000 after purchasing an additional 381 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in shares of Vanguard Value ETF during the second quarter worth $1,303,000.

Vanguard Value ETF Trading Up 0.6%

Shares of VTV stock opened at $208.25 on Tuesday. The firm has a fifty day moving average price of $201.05 and a 200 day moving average price of $196.58. The company has a market cap of $173.77 billion, a P/E ratio of 18.14 and a beta of 0.76. Vanguard Value ETF has a 12 month low of $167.63 and a 12 month high of $208.55.

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.