Snowden Capital Advisors LLC Lowers Stock Holdings in Vanguard Value ETF (NYSEARCA:VTV)

Snowden Capital Advisors LLC lowered its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 12.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,073 shares of the company’s stock after selling 8,207 shares during the period. Snowden Capital Advisors LLC’s holdings in Vanguard Value ETF were worth $10,170,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Vanguard Value ETF in the fourth quarter worth $1,288,912,000. Strategic Financial Concepts LLC increased its position in shares of Vanguard Value ETF by 15,337.4% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,549,182 shares of the company’s stock worth $431,577,000 after purchasing an additional 2,532,669 shares during the last quarter. Bank of America Corp DE increased its position in shares of Vanguard Value ETF by 1.7% in the 4th quarter. Bank of America Corp DE now owns 120,257,838 shares of the company’s stock worth $20,359,652,000 after purchasing an additional 1,952,615 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Vanguard Value ETF by 3.2% during the fourth quarter. Jones Financial Companies Lllp now owns 53,858,087 shares of the company’s stock valued at $9,118,174,000 after buying an additional 1,672,314 shares in the last quarter. Finally, Lincoln National Corp bought a new position in Vanguard Value ETF during the fourth quarter worth $239,161,000.

Vanguard Value ETF Stock Up 1.2%

Shares of NYSEARCA:VTV opened at $171.44 on Friday. The company has a market cap of $272.59 billion, a PE ratio of 18.83 and a beta of 0.83. The firm has a 50-day simple moving average of $166.93 and a 200 day simple moving average of $172.38. Vanguard Value ETF has a fifty-two week low of $150.43 and a fifty-two week high of $182.38.

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.