Vanguard Value ETF (NYSEARCA:VTV) Stock Position Lowered by Modera Wealth Management LLC

Modera Wealth Management LLC lowered its stake in Vanguard Value ETF (NYSEARCA:VTV) by 0.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 247,253 shares of the company’s stock after selling 1,955 shares during the period. Vanguard Value ETF makes up approximately 5.0% of Modera Wealth Management LLC’s portfolio, making the stock its 6th biggest holding. Modera Wealth Management LLC’s holdings in Vanguard Value ETF were worth $27,425,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VTV. Mercer Global Advisors Inc. ADV purchased a new position in shares of Vanguard Value ETF in the first quarter worth about $22,617,000. Oppenheimer & Co. Inc. increased its holdings in shares of Vanguard Value ETF by 30.9% in the first quarter. Oppenheimer & Co. Inc. now owns 4,502 shares of the company’s stock worth $484,000 after buying an additional 1,062 shares during the period. Ellis Investment Partners LLC purchased a new position in shares of Vanguard Value ETF in the first quarter worth about $211,000. Founders Financial Securities LLC increased its holdings in Vanguard Value ETF by 56.1% during the 1st quarter. Founders Financial Securities LLC now owns 153,088 shares of the company’s stock valued at $16,477,000 after purchasing an additional 55,004 shares during the period. Finally, Parsec Financial Management Inc. increased its holdings in Vanguard Value ETF by 68.2% during the 1st quarter. Parsec Financial Management Inc. now owns 13,258 shares of the company’s stock valued at $1,427,000 after purchasing an additional 5,374 shares during the period.

NYSEARCA:VTV traded down $2.56 during mid-day trading on Friday, reaching $105.81. 1,201,383 shares of the company’s stock traded hands, compared to its average volume of 1,509,567. Vanguard Value ETF has a 12-month low of $91.62 and a 12-month high of $113.49. The company has a 50 day moving average price of $110.63 and a 200-day moving average price of $109.08.

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.

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Institutional Ownership by Quarter for Vanguard Value ETF (NYSEARCA:VTV)

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