Gibbs Wealth Management Makes New Investment in Vanguard Value ETF $VTV

Gibbs Wealth Management acquired a new position in Vanguard Value ETF (NYSEARCA:VTV) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 2,312 shares of the company’s stock, valued at approximately $454,000.

A number of other hedge funds have also bought and sold shares of VTV. Bank of America Corp DE boosted its position in Vanguard Value ETF by 1.7% in the fourth quarter. Bank of America Corp DE now owns 136,148,963 shares of the company’s stock worth $26,003,090,000 after purchasing an additional 2,340,458 shares during the last quarter. Align Financial LLC bought a new position in shares of Vanguard Value ETF in the 4th quarter worth approximately $2,128,845,000. LPL Financial LLC boosted its holdings in shares of Vanguard Value ETF by 1.5% in the fourth quarter. LPL Financial LLC now owns 10,741,631 shares of the company’s stock worth $2,051,544,000 after buying an additional 158,367 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Vanguard Value ETF by 10.6% in the fourth quarter. Raymond James Financial Inc. now owns 8,759,680 shares of the company’s stock worth $1,673,011,000 after buying an additional 836,994 shares during the last quarter. Finally, Valpey Financial Services LLC grew 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 valued at $1,602,235,000 after buying an additional 8,345,202 shares during the period.

Vanguard Value ETF Stock Up 0.5%

NYSEARCA VTV opened at $221.02 on Friday. The stock’s 50-day moving average price is $215.77 and its 200-day moving average price is $206.46. Vanguard Value ETF has a 52 week low of $174.35 and a 52 week high of $222.15. The company has a market capitalization of $188.67 billion, a P/E ratio of 18.14 and a beta of 0.75.

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. 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.