Global Trust Asset Management LLC Cuts Position in Vanguard Value ETF $VTV

Global Trust Asset Management LLC decreased its position in Vanguard Value ETF (NYSEARCA:VTV) by 33.4% during the second quarter, Holdings Channel reports. The firm owned 5,562 shares of the company’s stock after selling 2,784 shares during the quarter. Global Trust Asset Management LLC’s holdings in Vanguard Value ETF were worth $983,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its position in Vanguard Value ETF by 0.4% in the first quarter. Jones Financial Companies Lllp now owns 54,080,352 shares of the company’s stock valued at $9,238,953,000 after purchasing an additional 222,265 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Value ETF by 0.5% in the first quarter. Envestnet Asset Management Inc. now owns 20,213,786 shares of the company’s stock worth $3,491,729,000 after acquiring an additional 107,405 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Vanguard Value ETF by 5.2% in the first quarter. Ameriprise Financial Inc. now owns 10,683,062 shares of the company’s stock worth $1,848,259,000 after acquiring an additional 531,068 shares in the last quarter. LPL Financial LLC grew its stake in shares of 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, Raymond James Financial Inc. grew its stake in shares of Vanguard Value ETF by 0.9% in the first quarter. Raymond James Financial Inc. now owns 7,683,731 shares of the company’s stock worth $1,327,288,000 after acquiring an additional 70,549 shares in the last quarter.

Vanguard Value ETF Stock Up 0.8%

NYSEARCA:VTV opened at $186.57 on Monday. The company has a fifty day simple moving average of $181.65 and a two-hundred day simple moving average of $174.46. The company has a market cap of $146.22 billion, a price-to-earnings ratio of 18.14 and a beta of 0.89. Vanguard Value ETF has a 52 week low of $150.43 and a 52 week high of $187.19.

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.