Summit Financial LLC Has $92.03 Million Position in Vanguard Value ETF $VTV

Summit Financial LLC increased its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 481,837 shares of the company’s stock after purchasing an additional 9,962 shares during the quarter. Vanguard Value ETF accounts for approximately 1.4% of Summit Financial LLC’s investment portfolio, making the stock its 10th largest position. Summit Financial LLC owned 0.06% of Vanguard Value ETF worth $92,026,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE lifted its position in Vanguard Value ETF by 4.4% during the third quarter. Bank of America Corp DE now owns 133,808,505 shares of the company’s stock worth $24,953,948,000 after purchasing an additional 5,667,887 shares during the period. Ameriprise Financial Inc. lifted its position in Vanguard Value ETF by 4.5% during the third quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock worth $2,072,160,000 after purchasing an additional 479,866 shares during the period. LPL Financial LLC lifted its position in Vanguard Value ETF by 1.5% during the fourth quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock worth $2,051,544,000 after purchasing an additional 158,367 shares during the period. Valpey Financial Services LLC lifted its position in Vanguard Value ETF by 19,007.8% during the fourth quarter. Valpey Financial Services LLC now owns 8,389,106 shares of the company’s stock worth $1,602,235,000 after purchasing an additional 8,345,202 shares during the period. Finally, Raymond James Financial Inc. lifted its position in Vanguard Value ETF by 6.4% during the third quarter. Raymond James Financial Inc. now owns 7,922,686 shares of the company’s stock worth $1,477,502,000 after purchasing an additional 476,101 shares during the period.

Vanguard Value ETF Stock Up 0.9%

VTV opened at $217.09 on Friday. Vanguard Value ETF has a twelve month low of $172.57 and a twelve month high of $217.62. The company has a 50-day simple moving average of $206.99 and a 200 day simple moving average of $200.69. The stock has a market capitalization of $181.15 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75.

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. The Index represents the value companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of predominantly large-capitalization companies in the United States equity market.