Raymond James & Associates Cuts Holdings in Vanguard Value ETF (NYSEARCA:VTV)

Raymond James & Associates reduced its position in Vanguard Value ETF (NYSEARCA:VTV) by 4.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,512,897 shares of the company’s stock after selling 122,674 shares during the period. Raymond James & Associates’ holdings in Vanguard Value ETF were worth $409,250,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VTV. Jones Financial Companies Lllp lifted its position in Vanguard Value ETF by 1.1% during the third quarter. Jones Financial Companies Lllp now owns 53,699,589 shares of the company’s stock valued at $7,406,784,000 after purchasing an additional 583,028 shares during the last quarter. Betterment LLC lifted its holdings in shares of Vanguard Value ETF by 1.9% in the 3rd quarter. Betterment LLC now owns 12,721,775 shares of the company’s stock valued at $1,754,714,000 after acquiring an additional 231,256 shares during the last quarter. UBS Group AG grew its position in Vanguard Value ETF by 0.9% in the fourth quarter. UBS Group AG now owns 12,453,226 shares of the company’s stock worth $1,861,757,000 after acquiring an additional 116,492 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Vanguard Value ETF by 1.4% during the third quarter. Ameriprise Financial Inc. now owns 8,423,766 shares of the company’s stock worth $1,161,270,000 after acquiring an additional 119,948 shares during the last quarter. Finally, LPL Financial LLC raised its position in Vanguard Value ETF by 7.1% during the third quarter. LPL Financial LLC now owns 8,306,355 shares of the company’s stock valued at $1,145,695,000 after purchasing an additional 549,925 shares during the period.

Vanguard Value ETF Price Performance

Shares of NYSEARCA:VTV traded down $0.09 during trading on Friday, hitting $157.91. The company had a trading volume of 1,692,258 shares, compared to its average volume of 2,430,908. The stock has a market cap of $112.62 billion, a price-to-earnings ratio of 17.38 and a beta of 0.73. The company has a fifty day simple moving average of $158.18 and a two-hundred day simple moving average of $149.46. Vanguard Value ETF has a one year low of $131.42 and a one year high of $163.30.

Vanguard Value ETF Company 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.