Sovereign Financial Group Inc. Boosts Holdings in Vanguard Value ETF (NYSEARCA:VTV)

Sovereign Financial Group Inc. boosted its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 6.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,129 shares of the company’s stock after acquiring an additional 6,023 shares during the quarter. Vanguard Value ETF accounts for approximately 3.9% of Sovereign Financial Group Inc.’s investment portfolio, making the stock its 6th biggest holding. Sovereign Financial Group Inc.’s holdings in Vanguard Value ETF were worth $16,781,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pathway Financial Advisors LLC increased its holdings in shares of Vanguard Value ETF by 5.6% in the third quarter. Pathway Financial Advisors LLC now owns 290,056 shares of the company’s stock valued at $50,635,000 after purchasing an additional 15,489 shares during the last quarter. Rockingstone Advisors LLC acquired a new position in shares of Vanguard Value ETF in the third quarter valued at $227,000. Marquette Asset Management LLC increased its holdings in shares of Vanguard Value ETF by 32.8% in the third quarter. Marquette Asset Management LLC now owns 709 shares of the company’s stock valued at $124,000 after purchasing an additional 175 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of Vanguard Value ETF by 6.6% in the third quarter. Brookstone Capital Management now owns 797,534 shares of the company’s stock valued at $139,226,000 after purchasing an additional 49,562 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC increased its holdings in shares of Vanguard Value ETF by 9.4% in the third quarter. Sugarloaf Wealth Management LLC now owns 6,671 shares of the company’s stock valued at $1,165,000 after purchasing an additional 575 shares during the last quarter.

Vanguard Value ETF Price Performance

NYSEARCA:VTV opened at $173.50 on Wednesday. Vanguard Value ETF has a one year low of $131.42 and a one year high of $174.92. The company has a market cap of $123.74 billion, a P/E ratio of 17.44 and a beta of 0.70. The firm’s fifty day moving average price is $169.75 and its two-hundred day moving average price is $164.03.

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.