MGB Wealth Management LLC Makes New Investment in Vanguard Value ETF (NYSEARCA:VTV)

MGB Wealth Management LLC purchased a new position in Vanguard Value ETF (NYSEARCA:VTV) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,800 shares of the company’s stock, valued at approximately $314,000.

Several other institutional investors also recently modified their holdings of VTV. International Assets Investment Management LLC increased its stake in shares of Vanguard Value ETF by 170,141.6% in the 3rd quarter. International Assets Investment Management LLC now owns 20,325,139 shares of the company’s stock worth $3,548,160,000 after acquiring an additional 20,313,200 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of Vanguard Value ETF by 26,320.0% in the 2nd quarter. Strategic Financial Concepts LLC now owns 2,684,011 shares of the company’s stock worth $430,542,000 after acquiring an additional 2,673,852 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Vanguard Value ETF by 179.7% in the 1st quarter. Cetera Investment Advisers now owns 2,185,380 shares of the company’s stock worth $355,911,000 after acquiring an additional 1,404,141 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Vanguard Value ETF in the 2nd quarter worth about $183,842,000. Finally, Retirement Investment Advisors Inc. bought a new position in shares of Vanguard Value ETF in the 2nd quarter worth about $175,884,000.

Vanguard Value ETF Stock Performance

NYSEARCA:VTV opened at $180.08 on Friday. The firm has a market cap of $128.43 billion, a P/E ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a fifty-two week low of $141.47 and a fifty-two week high of $180.25. The firm has a 50-day simple moving average of $175.26 and a two-hundred day simple moving average of $168.02.

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.