GEM Asset Management LLC Boosts Position in Vanguard Value ETF (NYSEARCA:VTV)

GEM Asset Management LLC increased its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 6.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,619 shares of the company’s stock after purchasing an additional 104 shares during the quarter. GEM Asset Management LLC’s holdings in Vanguard Value ETF were worth $281,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Innealta Capital LLC purchased a new stake in Vanguard Value ETF during the second quarter worth approximately $28,000. Optimum Investment Advisors purchased a new stake in Vanguard Value ETF during the second quarter worth approximately $28,000. Eagle Bay Advisors LLC acquired a new position in Vanguard Value ETF during the first quarter worth approximately $30,000. MeadowBrook Investment Advisors LLC increased its position in Vanguard Value ETF by 111.1% during the second quarter. MeadowBrook Investment Advisors LLC now owns 190 shares of the company’s stock worth $30,000 after buying an additional 100 shares during the period. Finally, Briaud Financial Planning Inc acquired a new position in Vanguard Value ETF during the second quarter worth approximately $32,000.

Vanguard Value ETF Stock Down 0.1 %

VTV traded down $0.12 during trading on Thursday, hitting $174.90. 692,835 shares of the stock were exchanged, compared to its average volume of 1,998,556. The firm has a market capitalization of $124.74 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 $175.21. The stock has a fifty day moving average price of $169.89 and a two-hundred day moving average price of $164.11.

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.