Salem Investment Counselors Inc. Lowers Position in Vanguard Value ETF $VTV

Salem Investment Counselors Inc. trimmed its stake in Vanguard Value ETF (NYSEARCA:VTV) by 5.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,272 shares of the company’s stock after selling 247 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Vanguard Value ETF were worth $759,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp grew its stake in Vanguard Value ETF by 0.4% during the first quarter. Jones Financial Companies Lllp now owns 54,080,352 shares of the company’s stock worth $9,238,953,000 after buying an additional 222,265 shares during the period. Envestnet Asset Management Inc. grew its stake in Vanguard Value ETF by 0.5% during the first quarter. Envestnet Asset Management Inc. now owns 20,213,786 shares of the company’s stock worth $3,491,729,000 after buying an additional 107,405 shares during the period. Ameriprise Financial Inc. grew its stake 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 buying an additional 531,068 shares during the period. LPL Financial LLC grew its stake in Vanguard Value ETF by 4.6% during the first quarter. LPL Financial LLC now owns 9,985,009 shares of the company’s stock worth $1,724,810,000 after buying an additional 442,395 shares during the period. Finally, Raymond James Financial Inc. grew its stake in Vanguard Value ETF by 0.9% during the first quarter. Raymond James Financial Inc. now owns 7,683,731 shares of the company’s stock worth $1,327,288,000 after buying an additional 70,549 shares during the period.

Vanguard Value ETF Stock Down 0.6%

VTV opened at $184.93 on Monday. Vanguard Value ETF has a 52-week low of $150.43 and a 52-week high of $186.24. The company has a 50 day moving average of $180.13 and a two-hundred day moving average of $173.59. The company has a market cap of $144.94 billion, a P/E ratio of 18.14 and a beta of 0.89.

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.