Synergy Investment Management LLC Takes Position in Vanguard Value ETF (NYSEARCA:VTV)

Synergy Investment Management LLC bought a new position in Vanguard Value ETF (NYSEARCA:VTV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,314 shares of the company’s stock, valued at approximately $1,408,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VTV. Roble Belko & Company Inc bought a new position in shares of Vanguard Value ETF during the 4th quarter valued at approximately $25,000. SYM FINANCIAL Corp raised its stake in Vanguard Value ETF by 140.3% during the fourth quarter. SYM FINANCIAL Corp now owns 161 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares in the last quarter. Synergy Asset Management LLC bought a new position in Vanguard Value ETF during the fourth quarter valued at $31,000. Kieckhefer Group LLC purchased a new position in shares of Vanguard Value ETF in the 4th quarter worth $32,000. Finally, Cardinal Strategic Wealth Guidance bought a new stake in shares of Vanguard Value ETF in the 4th quarter worth about $34,000.

Vanguard Value ETF Trading Down 0.9 %

Shares of NYSEARCA VTV opened at $176.49 on Tuesday. The stock has a market capitalization of $275.32 billion, a price-to-earnings ratio of 19.87 and a beta of 0.90. Vanguard Value ETF has a 12-month low of $154.12 and a 12-month high of $182.38. The firm’s 50-day moving average price is $174.52 and its 200-day moving average price is $174.41.

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.