Vanguard Value ETF $VTV Shares Sold by Pasadena Private Wealth LLC

Pasadena Private Wealth LLC reduced its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 8.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 410,702 shares of the company’s stock after selling 36,164 shares during the quarter. Vanguard Value ETF comprises approximately 11.1% of Pasadena Private Wealth LLC’s holdings, making the stock its biggest position. Pasadena Private Wealth LLC’s holdings in Vanguard Value ETF were worth $80,580,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in VTV. Bank of America Corp DE boosted its position in Vanguard Value ETF by 1.7% during the fourth 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. Align Financial LLC acquired a new position in shares of Vanguard Value ETF in the fourth quarter valued at $2,128,845,000. Ameriprise Financial Inc. increased its holdings in shares of Vanguard Value ETF by 4.5% in the third quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock valued at $2,072,160,000 after purchasing an additional 479,866 shares during the last quarter. LPL Financial LLC raised its position in shares of Vanguard Value ETF by 1.5% in the fourth quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock valued at $2,051,544,000 after purchasing an additional 158,367 shares during the period. Finally, Raymond James Financial Inc. raised its position in shares of Vanguard Value ETF by 10.6% in the fourth quarter. Raymond James Financial Inc. now owns 8,759,680 shares of the company’s stock valued at $1,673,011,000 after purchasing an additional 836,994 shares during the period.

Vanguard Value ETF Stock Performance

NYSEARCA VTV opened at $218.39 on Monday. The firm has a 50-day moving average of $210.48 and a 200-day moving average of $202.78. The stock has a market cap of $182.24 billion, a PE ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a 52-week low of $174.35 and a 52-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.