OVERSEA CHINESE BANKING Corp Ltd Takes Position in Vanguard Value ETF (NYSEARCA:VTV)

OVERSEA CHINESE BANKING Corp Ltd purchased a new position in Vanguard Value ETF (NYSEARCA:VTV) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,695 shares of the company’s stock, valued at approximately $9,448,000.

A number of other large investors also recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of Vanguard Value ETF by 1.7% in the fourth 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. Envestnet Asset Management Inc. raised its position in shares of Vanguard Value ETF by 0.5% during 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 buying an additional 107,405 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings 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 worth $1,719,223,000 after acquiring an additional 601,539 shares during the last quarter. LPL Financial LLC grew its position in Vanguard Value ETF by 4.6% in the first quarter. LPL Financial LLC now owns 9,985,009 shares of the company’s stock worth $1,724,810,000 after acquiring an additional 442,395 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in Vanguard Value ETF by 14.4% in the fourth quarter. Wells Fargo & Company MN now owns 7,177,299 shares of the company’s stock valued at $1,215,117,000 after acquiring an additional 901,037 shares during the last quarter.

Vanguard Value ETF Stock Down 0.9%

NYSEARCA VTV opened at $175.51 on Friday. The stock’s 50-day simple moving average is $175.76 and its two-hundred day simple moving average is $172.66. Vanguard Value ETF has a twelve month low of $150.43 and a twelve month high of $182.38. The company has a market capitalization of $137.92 billion, a price-to-earnings ratio of 18.14 and a beta of 0.89.

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.