Ackerman Capital Advisors LLC Cuts Position in Vanguard Value ETF (NYSEARCA:VTV)

Ackerman Capital Advisors LLC trimmed its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 2.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,047 shares of the company’s stock after selling 953 shares during the period. Vanguard Value ETF makes up approximately 1.8% of Ackerman Capital Advisors LLC’s holdings, making the stock its 16th biggest holding. Ackerman Capital Advisors LLC’s holdings in Vanguard Value ETF were worth $6,816,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Christopher J. Hasenberg Inc bought a new position in Vanguard Value ETF during the third quarter valued at $26,000. Optimum Investment Advisors bought a new position in shares of Vanguard Value ETF in the 2nd quarter valued at about $28,000. Innealta Capital LLC purchased a new position in Vanguard Value ETF in the second quarter worth about $28,000. St. Johns Investment Management Company LLC bought a new stake in Vanguard Value ETF during the third quarter worth approximately $28,000. Finally, Eagle Bay Advisors LLC purchased a new stake in Vanguard Value ETF during the first quarter valued at approximately $30,000.

Vanguard Value ETF Price Performance

NYSEARCA:VTV opened at $173.63 on Friday. The firm has a market capitalization of $123.83 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70. The business has a 50 day simple moving average of $172.87 and a 200-day simple moving average of $165.36. Vanguard Value ETF has a 1 year low of $131.42 and a 1 year high of $178.18.

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.