Vivid Wealth Management LLC Cuts Position in Vanguard Value ETF $VTV

Vivid Wealth Management LLC decreased its position in Vanguard Value ETF (NYSEARCA:VTV) by 10.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 45,261 shares of the company’s stock after selling 5,330 shares during the quarter. Vanguard Value ETF comprises about 3.5% of Vivid Wealth Management LLC’s portfolio, making the stock its 6th largest holding. Vivid Wealth Management LLC’s holdings in Vanguard Value ETF were worth $7,999,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its stake in Vanguard Value ETF by 0.4% in the 1st quarter. Jones Financial Companies Lllp now owns 54,080,352 shares of the company’s stock valued at $9,238,953,000 after acquiring an additional 222,265 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Vanguard Value ETF by 0.5% in 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 acquiring an additional 107,405 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Vanguard Value ETF by 5.2% during the 1st 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 in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Value ETF by 4.6% during the 1st quarter. LPL Financial LLC now owns 9,985,009 shares of the company’s stock worth $1,724,810,000 after purchasing an additional 442,395 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of Vanguard Value ETF by 0.9% during the 1st quarter. Raymond James Financial Inc. now owns 7,683,731 shares of the company’s stock worth $1,327,288,000 after purchasing an additional 70,549 shares in the last quarter.

Vanguard Value ETF Stock Down 0.5%

Shares of Vanguard Value ETF stock opened at $186.05 on Friday. Vanguard Value ETF has a 12-month low of $150.43 and a 12-month high of $188.43. The stock has a market cap of $148.83 billion, a P/E ratio of 18.14 and a beta of 0.89. The business’s 50 day moving average is $183.01 and its 200-day moving average is $175.29.

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.