Michels Family Financial LLC Invests $1.54 Million in Vanguard Value ETF (NYSEARCA:VTV)

Michels Family Financial LLC bought a new stake in Vanguard Value ETF (NYSEARCA:VTV) in the fourth quarter, Holdings Channel reports. The institutional investor bought 9,066 shares of the company’s stock, valued at approximately $1,535,000. Vanguard Value ETF comprises about 1.4% of Michels Family Financial LLC’s holdings, making the stock its 16th biggest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE lifted its position in shares of 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 worth $20,359,652,000 after purchasing an additional 1,952,615 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Vanguard Value ETF by 3.2% during the 4th quarter. Jones Financial Companies Lllp now owns 53,858,087 shares of the company’s stock worth $9,118,174,000 after buying an additional 1,672,314 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Vanguard Value ETF by 1.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 20,106,381 shares of the company’s stock worth $3,404,010,000 after buying an additional 311,671 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Vanguard Value ETF by 6.3% in the 4th quarter. Ameriprise Financial Inc. now owns 10,151,994 shares of the company’s stock valued at $1,719,223,000 after buying an additional 601,539 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of Vanguard Value ETF by 1.6% during the fourth quarter. LPL Financial LLC now owns 9,542,614 shares of the company’s stock worth $1,615,565,000 after acquiring an additional 154,064 shares during the last quarter.

Vanguard Value ETF Stock Down 0.1%

Vanguard Value ETF stock opened at $169.04 on Friday. The stock has a market cap of $268.77 billion, a price-to-earnings ratio of 18.83 and a beta of 0.83. Vanguard Value ETF has a 12-month low of $150.43 and a 12-month high of $182.38. The business’s 50-day simple moving average is $166.97 and its 200 day simple moving average is $172.31.

Vanguard Value ETF Company 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.