Vanguard Value ETF $VTV Position Raised by RMG Wealth Management LLC

RMG Wealth Management LLC lifted its position in Vanguard Value ETF (NYSEARCA:VTV) by 3.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 799,707 shares of the company’s stock after acquiring an additional 24,588 shares during the period. Vanguard Value ETF accounts for approximately 19.8% of RMG Wealth Management LLC’s investment portfolio, making the stock its biggest holding. RMG Wealth Management LLC owned about 0.10% of Vanguard Value ETF worth $166,539,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Align Financial LLC acquired a new position in Vanguard Value ETF in the 4th quarter worth approximately $2,128,845,000. Valpey Financial Services LLC boosted its holdings in shares of Vanguard Value ETF by 19,007.8% in the 4th quarter. Valpey Financial Services LLC now owns 8,389,106 shares of the company’s stock valued at $1,602,235,000 after acquiring an additional 8,345,202 shares during the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of Vanguard Value ETF in the fourth quarter worth $1,511,860,000. Balentine LLC boosted its holdings in Vanguard Value ETF by 12,803.4% in the first quarter. Balentine LLC now owns 2,846,109 shares of the company’s stock valued at $558,407,000 after purchasing an additional 2,824,052 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Vanguard Value ETF by 1.7% during the 4th quarter. Bank of America Corp DE now owns 136,148,963 shares of the company’s stock worth $26,003,090,000 after purchasing an additional 2,340,458 shares during the period.

Vanguard Value ETF Stock Performance

NYSEARCA VTV opened at $219.86 on Friday. The stock has a 50-day simple moving average of $215.49 and a two-hundred day simple moving average of $206.36. The firm has a market capitalization of $187.68 billion, a P/E ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a fifty-two week low of $174.35 and a fifty-two week high of $222.15.

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.