Vanguard Value ETF $VTV Shares Sold by Gemmer Asset Management LLC

Gemmer Asset Management LLC cut its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 3.8% in the second quarter, HoldingsChannel reports. The firm owned 78,997 shares of the company’s stock after selling 3,101 shares during the period. Vanguard Value ETF accounts for about 1.2% of Gemmer Asset Management LLC’s holdings, making the stock its 23rd biggest holding. Gemmer Asset Management LLC’s holdings in Vanguard Value ETF were worth $17,216,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Knuff & Co LLC purchased a new position in shares of Vanguard Value ETF during the 2nd quarter valued at about $27,000. CNB Bank acquired a new stake in Vanguard Value ETF during the fourth quarter worth about $29,000. Rexford Capital Inc. grew its holdings in Vanguard Value ETF by 124.6% during the first quarter. Rexford Capital Inc. now owns 155 shares of the company’s stock worth $30,000 after acquiring an additional 86 shares during the period. Allied Private Wealth LLC purchased a new position in Vanguard Value ETF during the second quarter valued at approximately $41,000. Finally, Palisade Asset Management LLC acquired a new position in Vanguard Value ETF in the third quarter valued at approximately $36,000.

Vanguard Value ETF Trading Down 0.3%

Shares of NYSEARCA:VTV opened at $223.92 on Thursday. Vanguard Value ETF has a 12-month low of $182.81 and a 12-month high of $228.57. The business has a 50 day moving average of $222.78 and a two-hundred day moving average of $212.14. The company has a market capitalization of $191.15 billion, a PE ratio of 18.14 and a beta of 0.75.

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.