Pinnacle Wealth Management Group Inc. Makes New $202,000 Investment in Vanguard Value ETF $VTV

Pinnacle Wealth Management Group Inc. bought a new stake in Vanguard Value ETF (NYSEARCA:VTV) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,145 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Jones Financial Companies Lllp boosted its stake in shares of Vanguard Value ETF by 0.4% during the 1st quarter. Jones Financial Companies Lllp now owns 54,080,352 shares of the company’s stock worth $9,238,953,000 after acquiring an additional 222,265 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Vanguard Value ETF by 0.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 20,213,786 shares of the company’s stock valued at $3,491,729,000 after purchasing an additional 107,405 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Vanguard Value ETF by 5.2% during the first quarter. Ameriprise Financial Inc. now owns 10,683,062 shares of the company’s stock worth $1,848,259,000 after purchasing an additional 531,068 shares during the period. LPL Financial LLC increased its holdings in shares of Vanguard Value ETF by 4.6% in the first quarter. LPL Financial LLC now owns 9,985,009 shares of the company’s stock valued at $1,724,810,000 after purchasing an additional 442,395 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of Vanguard Value ETF by 0.9% in the first quarter. Raymond James Financial Inc. now owns 7,683,731 shares of the company’s stock valued at $1,327,288,000 after purchasing an additional 70,549 shares during the period.

Vanguard Value ETF Stock Performance

Shares of VTV stock opened at $188.13 on Friday. Vanguard Value ETF has a 52 week low of $150.43 and a 52 week high of $188.64. The company has a market capitalization of $150.49 billion, a price-to-earnings ratio of 18.14 and a beta of 0.89. The company has a 50-day simple moving average of $184.74 and a 200 day simple moving average of $176.69.

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.