Dougherty Wealth Advisers LLC Reduces Stake in Vanguard Value ETF $VTV

Dougherty Wealth Advisers LLC cut its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 8.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 198,689 shares of the company’s stock after selling 17,843 shares during the period. Vanguard Value ETF accounts for about 23.3% of Dougherty Wealth Advisers LLC’s investment portfolio, making the stock its 2nd biggest holding. Dougherty Wealth Advisers LLC’s holdings in Vanguard Value ETF were worth $35,116,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. LMG Wealth Partners LLC raised its stake in Vanguard Value ETF by 1.6% during the first quarter. LMG Wealth Partners LLC now owns 3,865 shares of the company’s stock valued at $668,000 after buying an additional 60 shares during the last quarter. Brooklyn FI LLC increased its position in Vanguard Value ETF by 3.7% during the second quarter. Brooklyn FI LLC now owns 1,703 shares of the company’s stock valued at $301,000 after acquiring an additional 61 shares during the last quarter. ORBA Wealth Advisors L.L.C. increased its position in Vanguard Value ETF by 3.1% during the first quarter. ORBA Wealth Advisors L.L.C. now owns 2,055 shares of the company’s stock valued at $355,000 after acquiring an additional 62 shares during the last quarter. BOS Asset Management LLC increased its position in Vanguard Value ETF by 0.7% in the second quarter. BOS Asset Management LLC now owns 9,584 shares of the company’s stock worth $1,694,000 after buying an additional 63 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. lifted its position in shares of Vanguard Value ETF by 1.8% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 3,687 shares of the company’s stock valued at $652,000 after buying an additional 64 shares in the last quarter.

Vanguard Value ETF Stock Up 0.5%

VTV stock opened at $187.53 on Monday. The stock has a market cap of $148.28 billion, a P/E ratio of 18.14 and a beta of 0.89. The business’s 50-day moving average price is $182.37 and its 200-day moving average price is $174.94. Vanguard Value ETF has a twelve month low of $150.43 and a twelve month high of $188.43.

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.