Mayflower Financial Advisors LLC Decreases Holdings in Vanguard Value ETF $VTV

Mayflower Financial Advisors LLC trimmed its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 0.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 14,375 shares of the company’s stock after selling 74 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Vanguard Value ETF were worth $2,541,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VTV. Caisse DE Depot ET Placement DU Quebec purchased a new position in Vanguard Value ETF during the first quarter valued at $838,404,000. Kingstone Capital Partners Texas LLC purchased a new position in Vanguard Value ETF during the second quarter valued at $382,510,000. Partners Capital Investment Group LLP lifted its holdings in Vanguard Value ETF by 106.3% during the first quarter. Partners Capital Investment Group LLP now owns 1,663,047 shares of the company’s stock valued at $287,275,000 after purchasing an additional 856,928 shares in the last quarter. Merit Financial Group LLC lifted its holdings in Vanguard Value ETF by 361.5% during the second quarter. Merit Financial Group LLC now owns 875,974 shares of the company’s stock valued at $154,820,000 after purchasing an additional 686,148 shares in the last quarter. Finally, Balentine LLC lifted its holdings in Vanguard Value ETF by 3,989.9% during the first quarter. Balentine LLC now owns 662,597 shares of the company’s stock valued at $114,457,000 after purchasing an additional 646,396 shares in the last quarter.

Vanguard Value ETF Stock Down 0.7%

VTV opened at $187.49 on Wednesday. The firm’s fifty day simple moving average is $185.04 and its two-hundred day simple moving average is $177.31. The company has a market cap of $149.98 billion, a price-to-earnings ratio of 18.14 and a beta of 0.82. Vanguard Value ETF has a 52-week low of $150.43 and a 52-week high of $188.85.

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.