Merit Financial Group LLC Has $23.74 Million Stake in Vanguard Value ETF (NYSEARCA:VTV)

Merit Financial Group LLC lessened its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 0.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 140,213 shares of the company’s stock after selling 1,250 shares during the period. Merit Financial Group LLC’s holdings in Vanguard Value ETF were worth $23,738,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC raised its holdings in shares of Vanguard Value ETF by 170,141.6% during the third quarter. International Assets Investment Management LLC now owns 20,325,139 shares of the company’s stock valued at $3,548,160,000 after purchasing an additional 20,313,200 shares during the period. Sanctuary Advisors LLC bought a new stake in Vanguard Value ETF in the 2nd quarter valued at about $183,842,000. Kovitz Investment Group Partners LLC raised its stake in Vanguard Value ETF by 3,438.5% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,133,747 shares of the company’s stock worth $194,867,000 after buying an additional 1,101,707 shares during the period. Retirement Investment Advisors Inc. bought a new position in Vanguard Value ETF in the second quarter worth approximately $175,884,000. Finally, LPL Financial LLC grew its stake in Vanguard Value ETF by 4.6% in the third quarter. LPL Financial LLC now owns 9,388,550 shares of the company’s stock valued at $1,638,959,000 after acquiring an additional 412,100 shares during the period.

Vanguard Value ETF Trading Up 0.6 %

Shares of VTV stock opened at $174.68 on Friday. The firm has a fifty day simple moving average of $174.57 and a two-hundred day simple moving average of $171.36. Vanguard Value ETF has a 12 month low of $146.67 and a 12 month high of $182.38. The firm has a market capitalization of $124.58 billion, a PE 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.