JPL Wealth Management LLC Takes Position in Vanguard Value ETF (NYSEARCA:VTV)

JPL Wealth Management LLC acquired a new stake in Vanguard Value ETF (NYSEARCA:VTV) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,606 shares of the company’s stock, valued at approximately $780,000.

A number of other hedge funds and other institutional investors have also modified their holdings of VTV. Delta Financial Group Inc. purchased a new position in shares of Vanguard Value ETF in the 4th quarter valued at $8,147,000. Capital Management Associates Inc grew its position in shares of Vanguard Value ETF by 17.0% in the 4th quarter. Capital Management Associates Inc now owns 6,173 shares of the company’s stock valued at $1,045,000 after buying an additional 897 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new position in shares of Vanguard Value ETF in the 4th quarter valued at $48,000. GM Advisory Group LLC grew its position in shares of Vanguard Value ETF by 23.2% in the 3rd quarter. GM Advisory Group LLC now owns 6,789 shares of the company’s stock valued at $1,185,000 after buying an additional 1,277 shares during the last quarter. Finally, MGB Wealth Management LLC grew its position in shares of Vanguard Value ETF by 67.0% in the 4th quarter. MGB Wealth Management LLC now owns 3,006 shares of the company’s stock valued at $509,000 after buying an additional 1,206 shares during the last quarter.

Vanguard Value ETF Price Performance

NYSEARCA VTV opened at $169.44 on Thursday. The firm’s fifty day moving average price is $174.80 and its 200 day moving average price is $174.55. The company has a market capitalization of $264.33 billion, a price-to-earnings ratio of 19.87 and a beta of 0.90. Vanguard Value ETF has a 12 month low of $154.12 and a 12 month high of $182.38.

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.