371,468 Vanguard Value ETF $VTV Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC lessened its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 16.4% in the third quarter, Holdings Channel reports. The institutional investor owned 1,887,087 shares of the company’s stock after selling 371,468 shares during the quarter. Vanguard Value ETF comprises about 4.3% of Modera Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Modera Wealth Management LLC’s holdings in Vanguard Value ETF were worth $407,762,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in VTV. Greenup Street Wealth Management LLC grew its holdings in Vanguard Value ETF by 0.4% in the 3rd quarter. Greenup Street Wealth Management LLC now owns 145,126 shares of the company’s stock worth $31,359,000 after acquiring an additional 552 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of Vanguard Value ETF by 30.6% during the third quarter. International Assets Investment Management LLC now owns 12,339 shares of the company’s stock valued at $2,666,000 after buying an additional 2,893 shares during the last quarter. Parcion Private Wealth LLC grew its stake in shares of Vanguard Value ETF by 32.1% in the third quarter. Parcion Private Wealth LLC now owns 2,183 shares of the company’s stock worth $472,000 after acquiring an additional 530 shares during the period. Wellment Financial increased its position in shares of Vanguard Value ETF by 16.6% during the 3rd quarter. Wellment Financial now owns 1,185 shares of the company’s stock valued at $256,000 after purchasing an additional 169 shares during the last quarter. Finally, Partners Wealth Management LLC bought a new stake in shares of Vanguard Value ETF during the 3rd quarter valued at $4,705,000.

Vanguard Value ETF Stock Performance

NYSEARCA:VTV opened at $228.02 on Friday. The stock has a 50-day simple moving average of $222.90 and a two-hundred day simple moving average of $212.52. The firm has a market capitalization of $194.45 billion, a PE ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a 52-week low of $182.81 and a 52-week high of $230.10.

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.