Truist Financial Corp Lowers Holdings in Vanguard Value ETF (NYSEARCA:VTV)

Truist Financial Corp trimmed its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 9.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,084,499 shares of the company’s stock after selling 304,273 shares during the period. Vanguard Value ETF accounts for 0.8% of Truist Financial Corp’s portfolio, making the stock its 19th largest holding. Truist Financial Corp owned approximately 0.43% of Vanguard Value ETF worth $494,785,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in VTV. Innealta Capital LLC bought a new stake in Vanguard Value ETF in the 2nd quarter worth approximately $28,000. Optimum Investment Advisors purchased a new position in shares of Vanguard Value ETF in the 2nd quarter worth $28,000. Eagle Bay Advisors LLC bought a new stake in shares of Vanguard Value ETF in the 1st quarter worth about $30,000. MeadowBrook Investment Advisors LLC raised its position in shares of Vanguard Value ETF by 111.1% during the 2nd quarter. MeadowBrook Investment Advisors LLC now owns 190 shares of the company’s stock valued at $30,000 after buying an additional 100 shares in the last quarter. Finally, Briaud Financial Planning Inc bought a new position in shares of Vanguard Value ETF in the 2nd quarter valued at about $32,000.

Vanguard Value ETF Price Performance

Shares of NYSEARCA VTV opened at $174.57 on Tuesday. The stock has a market capitalization of $124.50 billion, a P/E ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a 1-year low of $131.42 and a 1-year high of $174.92. The business’s 50 day moving average is $168.80 and its two-hundred day moving average is $163.44.

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.