Vanguard Value ETF (NYSEARCA:VTV) Stock Short Interest Declines 39.9%

Vanguard Value ETF (NYSEARCA:VTV) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 572,793 shares, a drop of 39.9% from the August 31st total of 952,580 shares. Based on an average daily trading volume, of 2,060,159 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Vanguard Value ETF Trading Down 0.1%

NYSEARCA:VTV opened at $217.75 on Wednesday. The firm has a market cap of $186.19 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75. The company’s 50-day moving average is $223.50 and its two-hundred day moving average is $213.82. Vanguard Value ETF has a 12-month low of $182.81 and a 12-month high of $228.57.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VTV. QRG Capital Management Inc. grew its stake in Vanguard Value ETF by 14.7% during the 2nd quarter. QRG Capital Management Inc. now owns 98,210 shares of the company’s stock valued at $21,532,000 after purchasing an additional 12,564 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in Vanguard Value ETF by 2.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 490,713 shares of the company’s stock worth $107,211,000 after purchasing an additional 12,403 shares during the period. Security National Bank of SO Dak raised its stake in Vanguard Value ETF by 0.9% during the 2nd quarter. Security National Bank of SO Dak now owns 5,786 shares of the company’s stock valued at $1,261,000 after purchasing an additional 50 shares during the last quarter. Security National Bank of Sioux City Iowa IA lifted its position in shares of Vanguard Value ETF by 51.9% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 4,506 shares of the company’s stock worth $982,000 after purchasing an additional 1,540 shares in the last quarter. Finally, Reynders McVeigh Capital Management LLC boosted its stake in Vanguard Value ETF by 29.4% in the second quarter. Reynders McVeigh Capital Management LLC now owns 1,500 shares of the company’s stock valued at $327,000 after acquiring an additional 341 shares during the last quarter.

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.