Summit Financial Wealth Advisors LLC Invests $1.07 Million in Vanguard Value ETF (NYSEARCA:VTV)

Summit Financial Wealth Advisors LLC acquired a new stake in shares of Vanguard Value ETF (NYSEARCA:VTV) in the third quarter, Holdings Channel.com reports. The firm acquired 6,149 shares of the company’s stock, valued at approximately $1,073,000.

Several other hedge funds have also made changes to their positions in the stock. Christopher J. Hasenberg Inc acquired a new position in Vanguard Value ETF in the 3rd quarter valued at approximately $26,000. St. Johns Investment Management Company LLC bought a new stake in shares of Vanguard Value ETF during the third quarter valued at approximately $28,000. Innealta Capital LLC acquired a new position in shares of Vanguard Value ETF in the second quarter valued at $28,000. Optimum Investment Advisors bought a new position in Vanguard Value ETF in the second quarter worth $28,000. Finally, MeadowBrook Investment Advisors LLC boosted its stake in Vanguard Value ETF by 111.1% during the second quarter. MeadowBrook Investment Advisors LLC now owns 190 shares of the company’s stock worth $30,000 after buying an additional 100 shares in the last quarter.

Vanguard Value ETF Price Performance

Shares of Vanguard Value ETF stock opened at $181.22 on Tuesday. The company’s fifty day moving average price is $175.43 and its two-hundred day moving average price is $168.22. The firm has a market capitalization of $129.24 billion, a PE ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a 52-week low of $141.47 and a 52-week high of $181.93.

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.