Spinnaker Trust Has $228,000 Position in Vanguard Value ETF (NYSEARCA:VTV)

Spinnaker Trust lowered its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 4.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,525 shares of the company’s stock after selling 71 shares during the period. Spinnaker Trust’s holdings in Vanguard Value ETF were worth $228,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in VTV. TIAA Trust National Association acquired a new position in Vanguard Value ETF in the third quarter worth about $761,205,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Vanguard Value ETF during the third quarter worth approximately $394,858,000. EP Wealth Advisors LLC increased its holdings in shares of Vanguard Value ETF by 3,419.2% during the third quarter. EP Wealth Advisors LLC now owns 2,392,839 shares of the company’s stock worth $330,044,000 after buying an additional 2,324,846 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in shares of Vanguard Value ETF by 464.1% during the third quarter. Avantax Advisory Services Inc. now owns 2,054,484 shares of the company’s stock valued at $283,375,000 after purchasing an additional 1,690,253 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of Vanguard Value ETF during the fourth quarter valued at approximately $250,488,000.

Vanguard Value ETF Trading Down 0.1 %

Shares of VTV traded down $0.09 during mid-day trading on Friday, hitting $157.91. 1,692,258 shares of the company traded hands, compared to its average volume of 2,430,908. Vanguard Value ETF has a one year low of $131.42 and a one year high of $163.30. The stock has a market capitalization of $112.62 billion, a price-to-earnings ratio of 17.38 and a beta of 0.73. The business has a 50-day moving average of $158.18 and a 200 day moving average of $149.46.

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.