Sovereign Financial Group Inc. Raises Holdings in Vanguard Value ETF $VTV

Sovereign Financial Group Inc. raised its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 2.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 109,505 shares of the company’s stock after acquiring an additional 2,517 shares during the quarter. Vanguard Value ETF comprises 4.0% of Sovereign Financial Group Inc.’s investment portfolio, making the stock its 5th biggest holding. Sovereign Financial Group Inc.’s holdings in Vanguard Value ETF were worth $19,354,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp raised its holdings in shares of Vanguard Value ETF by 0.4% during 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. raised its holdings in shares of Vanguard Value ETF by 0.5% during the first quarter. Envestnet Asset Management Inc. now owns 20,213,786 shares of the company’s stock valued at $3,491,729,000 after purchasing an additional 107,405 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Value ETF by 5.2% during the first quarter. Ameriprise Financial Inc. now owns 10,683,062 shares of the company’s stock valued at $1,848,259,000 after purchasing an additional 531,068 shares during the period. LPL Financial LLC raised its holdings in shares of Vanguard Value ETF by 4.6% during the first quarter. LPL Financial LLC now owns 9,985,009 shares of the company’s stock valued at $1,724,810,000 after purchasing an additional 442,395 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of Vanguard Value ETF by 0.9% during the first quarter. Raymond James Financial Inc. now owns 7,683,731 shares of the company’s stock valued at $1,327,288,000 after purchasing an additional 70,549 shares during the period.

Vanguard Value ETF Trading Down 1.7%

Shares of NYSEARCA VTV opened at $182.87 on Friday. The firm’s 50-day moving average price is $183.16 and its 200-day moving average price is $175.36. Vanguard Value ETF has a 1-year low of $150.43 and a 1-year high of $188.43. The firm has a market capitalization of $146.29 billion, a P/E 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.