Cannon Financial Strategists Inc. Makes New Investment in Vanguard Value ETF (NYSEARCA:VTV)

Cannon Financial Strategists Inc. acquired a new position in Vanguard Value ETF (NYSEARCA:VTV) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,850 shares of the company’s stock, valued at approximately $938,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Sanctuary Advisors LLC purchased a new stake in shares of Vanguard Value ETF during the 2nd quarter valued at $183,842,000. Creekside Partners bought a new position in shares of Vanguard Value ETF during the 2nd quarter valued at $894,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Vanguard Value ETF during the 2nd quarter valued at $4,127,000. RiverFront Investment Group LLC grew its holdings in shares of Vanguard Value ETF by 188.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 6,803 shares of the company’s stock valued at $1,091,000 after purchasing an additional 4,448 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new position in shares of Vanguard Value ETF during the 2nd quarter valued at $12,545,000.

Vanguard Value ETF Stock Performance

VTV stock opened at $174.14 on Wednesday. Vanguard Value ETF has a 52 week low of $131.42 and a 52 week high of $174.92. The firm’s fifty day moving average is $168.97 and its 200 day moving average is $163.55. The firm has a market cap of $124.19 billion, a P/E ratio of 17.44 and a beta of 0.70.

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.