Towerpoint Wealth LLC Sells 1,935 Shares of Vanguard Value ETF (NYSEARCA:VTV)

Towerpoint Wealth LLC lowered its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 1.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 141,687 shares of the company’s stock after selling 1,935 shares during the period. Vanguard Value ETF makes up 11.8% of Towerpoint Wealth LLC’s holdings, making the stock its 2nd biggest holding. Towerpoint Wealth LLC’s holdings in Vanguard Value ETF were worth $23,988,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in VTV. Roble Belko & Company Inc acquired a new stake in Vanguard Value ETF in the 4th quarter valued at about $25,000. Christopher J. Hasenberg Inc purchased a new stake in shares of Vanguard Value ETF during the third quarter worth approximately $26,000. St. Johns Investment Management Company LLC acquired a new stake in Vanguard Value ETF in the third quarter valued at approximately $28,000. Kieckhefer Group LLC purchased a new position in Vanguard Value ETF in the fourth quarter worth approximately $32,000. Finally, Sawyer & Company Inc lifted its stake in Vanguard Value ETF by 104.0% in the third quarter. Sawyer & Company Inc now owns 204 shares of the company’s stock worth $36,000 after acquiring an additional 104 shares during the last quarter.

Vanguard Value ETF Price Performance

Shares of VTV traded up $0.17 during midday trading on Thursday, reaching $172.62. The stock had a trading volume of 121,269 shares, compared to its average volume of 2,195,523. The company’s fifty day simple moving average is $174.76 and its two-hundred day simple moving average is $171.34. The company has a market cap of $123.11 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a 1-year low of $146.67 and a 1-year high of $182.38.

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.