M3 Advisory Group LLC Grows Stock Holdings in Vanguard Value ETF (NYSEARCA:VTV)

M3 Advisory Group LLC boosted its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 33.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,378 shares of the company’s stock after purchasing an additional 846 shares during the period. M3 Advisory Group LLC’s holdings in Vanguard Value ETF were worth $584,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VTV. Raymond James Financial Inc. bought a new position in shares of Vanguard Value ETF during the 4th quarter valued at $1,288,912,000. GAMMA Investing LLC grew its holdings in shares of Vanguard Value ETF by 19,843.5% in the first quarter. GAMMA Investing LLC now owns 2,195,180 shares of the company’s stock worth $379,195,000 after acquiring an additional 2,184,173 shares during the period. Bank of America Corp DE increased its position in Vanguard Value ETF by 1.7% during the fourth quarter. Bank of America Corp DE now owns 120,257,838 shares of the company’s stock valued at $20,359,652,000 after acquiring an additional 1,952,615 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Vanguard Value ETF by 3.2% in the fourth quarter. Jones Financial Companies Lllp now owns 53,858,087 shares of the company’s stock valued at $9,118,174,000 after acquiring an additional 1,672,314 shares during the period. Finally, Lincoln National Corp bought a new position in Vanguard Value ETF in the fourth quarter valued at about $239,161,000.

Vanguard Value ETF Stock Performance

Shares of NYSEARCA:VTV opened at $173.34 on Monday. The stock’s 50-day simple moving average is $169.14 and its two-hundred day simple moving average is $171.32. The stock has a market capitalization of $275.61 billion, a price-to-earnings ratio of 18.68 and a beta of 0.83. Vanguard Value ETF has a 52-week low of $150.43 and a 52-week high of $182.38.

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.