Summit Financial Wealth Advisors LLC Buys 3,746 Shares of Vanguard Value ETF $VTV

Summit Financial Wealth Advisors LLC grew its stake in Vanguard Value ETF (NYSEARCA:VTV) by 45.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,913 shares of the company’s stock after buying an additional 3,746 shares during the period. Summit Financial Wealth Advisors LLC’s holdings in Vanguard Value ETF were worth $2,574,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Align Financial LLC bought a new position in Vanguard Value ETF in the fourth quarter valued at $2,128,845,000. EP Wealth Advisors LLC raised its position in Vanguard Value ETF by 6.7% during the second quarter. EP Wealth Advisors LLC now owns 8,979,182 shares of the company’s stock valued at $1,956,833,000 after purchasing an additional 560,448 shares in the last quarter. Cetera Investment Advisers lifted its stake in Vanguard Value ETF by 4.0% during the first quarter. Cetera Investment Advisers now owns 7,740,408 shares of the company’s stock worth $1,518,668,000 after purchasing an additional 296,977 shares during the last quarter. Captrust Financial Advisors lifted its stake in Vanguard Value ETF by 2.5% during the fourth quarter. Captrust Financial Advisors now owns 6,385,243 shares of the company’s stock worth $1,219,518,000 after purchasing an additional 155,177 shares during the last quarter. Finally, Mather Group LLC. lifted its stake in Vanguard Value ETF by 7.4% during the third quarter. Mather Group LLC. now owns 5,427,631 shares of the company’s stock worth $1,172,802,000 after purchasing an additional 372,847 shares during the last quarter.

Vanguard Value ETF Trading Up 0.7%

Shares of VTV traded up $1.59 during midday trading on Thursday, reaching $222.73. The stock had a trading volume of 3,396,536 shares, compared to its average volume of 3,419,123. The company’s 50-day moving average is $222.99 and its 200 day moving average is $215.53. Vanguard Value ETF has a 12-month low of $182.81 and a 12-month high of $228.57. The company has a market capitalization of $189.94 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75.

Vanguard Value ETF 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.