Gerber LLC Boosts Stake in Vanguard Value ETF (NYSEARCA:VTV)

Gerber LLC boosted its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 10.5% in the first quarter, Holdings Channel reports. The institutional investor owned 4,839 shares of the company’s stock after acquiring an additional 460 shares during the period. Vanguard Value ETF accounts for 0.7% of Gerber LLC’s holdings, making the stock its 25th biggest position. Gerber LLC’s holdings in Vanguard Value ETF were worth $836,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VTV. Bank of America Corp DE grew its position in Vanguard Value ETF by 1.7% during 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 period. Jones Financial Companies Lllp grew its position in shares of Vanguard Value ETF by 3.2% during the 4th quarter. Jones Financial Companies Lllp now owns 53,858,087 shares of the company’s stock valued at $9,118,174,000 after acquiring an additional 1,672,314 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Vanguard Value ETF by 1.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 20,106,381 shares of the company’s stock valued at $3,404,010,000 after acquiring an additional 311,671 shares during the period. Ameriprise Financial Inc. grew its position in shares of Vanguard Value ETF by 6.3% during the 4th quarter. Ameriprise Financial Inc. now owns 10,151,994 shares of the company’s stock valued at $1,719,223,000 after acquiring an additional 601,539 shares during the period. Finally, LPL Financial LLC boosted its holdings in Vanguard Value ETF by 1.6% in the 4th quarter. LPL Financial LLC now owns 9,542,614 shares of the company’s stock worth $1,615,565,000 after buying an additional 154,064 shares during the last quarter.

Vanguard Value ETF Trading Up 0.7%

VTV stock opened at $174.62 on Tuesday. Vanguard Value ETF has a 12-month low of $150.43 and a 12-month high of $182.38. The stock has a market cap of $277.65 billion, a price-to-earnings ratio of 18.68 and a beta of 0.83. The business’s 50-day moving average is $169.35 and its 200 day moving average is $171.29.

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.