Eastern Bank Cuts Stake in Vanguard Value ETF $VTV

Eastern Bank lowered its position in Vanguard Value ETF (NYSEARCA:VTV) by 45.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,454 shares of the company’s stock after selling 1,210 shares during the period. Eastern Bank’s holdings in Vanguard Value ETF were worth $257,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Caisse DE Depot ET Placement DU Quebec bought a new stake in Vanguard Value ETF in the first quarter valued at approximately $838,404,000. Kingstone Capital Partners Texas LLC bought a new stake in Vanguard Value ETF in the second quarter valued at approximately $382,510,000. Bell Bank bought a new stake in Vanguard Value ETF in the first quarter valued at approximately $213,024,000. Partners Capital Investment Group LLP lifted its position in Vanguard Value ETF by 106.3% in the first quarter. Partners Capital Investment Group LLP now owns 1,663,047 shares of the company’s stock valued at $287,275,000 after purchasing an additional 856,928 shares during the last quarter. Finally, Merit Financial Group LLC lifted its position in Vanguard Value ETF by 361.5% in the second quarter. Merit Financial Group LLC now owns 875,974 shares of the company’s stock valued at $154,820,000 after purchasing an additional 686,148 shares during the last quarter.

Vanguard Value ETF Stock Performance

Shares of VTV stock opened at $182.87 on Monday. Vanguard Value ETF has a fifty-two week low of $150.43 and a fifty-two week high of $188.43. The stock has a 50 day moving average price of $183.16 and a two-hundred day moving average price of $175.38. The company has a market capitalization of $146.29 billion, a P/E ratio of 18.14 and a beta of 0.89.

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.