SpringVest Wealth Management LLC Raises Holdings in Vanguard Value ETF (NYSEARCA:VTV)

SpringVest Wealth Management LLC raised its stake in Vanguard Value ETF (NYSEARCA:VTV) by 53.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,164 shares of the company’s stock after buying an additional 1,106 shares during the quarter. SpringVest Wealth Management LLC’s holdings in Vanguard Value ETF were worth $547,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Advisor OS LLC grew its holdings in shares of Vanguard Value ETF by 56.2% during the 1st quarter. Advisor OS LLC now owns 3,757 shares of the company’s stock worth $649,000 after purchasing an additional 1,351 shares during the period. AJ Advisors LLC lifted its stake in Vanguard Value ETF by 2.4% during the 1st quarter. AJ Advisors LLC now owns 70,195 shares of the company’s stock worth $12,125,000 after acquiring an additional 1,644 shares in the last quarter. Carnegie Investment Counsel lifted its stake in Vanguard Value ETF by 2.4% during the 1st quarter. Carnegie Investment Counsel now owns 19,408 shares of the company’s stock worth $3,353,000 after acquiring an additional 449 shares in the last quarter. Pinnacle Associates Ltd. lifted its stake in Vanguard Value ETF by 3.4% during the 1st quarter. Pinnacle Associates Ltd. now owns 51,785 shares of the company’s stock worth $8,945,000 after acquiring an additional 1,685 shares in the last quarter. Finally, Unison Advisors LLC lifted its stake in Vanguard Value ETF by 3.3% during the 1st quarter. Unison Advisors LLC now owns 381,402 shares of the company’s stock worth $65,883,000 after acquiring an additional 12,312 shares in the last quarter.

Vanguard Value ETF Trading Up 1.0%

VTV traded up $1.83 during mid-day trading on Thursday, hitting $180.70. 2,745,921 shares of the stock were exchanged, compared to its average volume of 2,344,791. The company has a market cap of $142.00 billion, a PE ratio of 18.14 and a beta of 0.89. The firm’s fifty day moving average is $174.71 and its two-hundred day moving average is $172.22. Vanguard Value ETF has a 1-year low of $150.43 and a 1-year high of $182.38.

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.