Summit Wealth & Retirement Planning Inc. Makes New $715,000 Investment in Vanguard Value ETF (NYSEARCA:VTV)

Summit Wealth & Retirement Planning Inc. bought a new position in shares of Vanguard Value ETF (NYSEARCA:VTV) during the fourth quarter, Holdings Channel.com reports. The fund bought 4,226 shares of the company’s stock, valued at approximately $715,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. AQR Capital Management LLC boosted its stake in shares of Vanguard Value ETF by 97.8% during the second quarter. AQR Capital Management LLC now owns 3,167 shares of the company’s stock valued at $508,000 after acquiring an additional 1,566 shares during the last quarter. Alpha Financial Partners LLC bought a new position in Vanguard Value ETF during the 3rd quarter valued at $1,487,000. Juncture Wealth Strategies LLC bought a new stake in shares of Vanguard Value ETF in the 3rd quarter valued at approximately $406,000. LongView Wealth Management lifted its holdings in Vanguard Value ETF by 15.3% in the third quarter. LongView Wealth Management now owns 38,398 shares of the company’s stock worth $6,703,000 after acquiring an additional 5,087 shares during the last quarter. Finally, Arbor Wealth Advisors LLC grew its position in shares of Vanguard Value ETF by 2.6% during the third quarter. Arbor Wealth Advisors LLC now owns 161,480 shares of the company’s stock worth $28,190,000 after acquiring an additional 4,104 shares during the last quarter.

Vanguard Value ETF Stock Performance

Shares of VTV opened at $176.20 on Friday. The firm has a market capitalization of $125.66 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a one year low of $150.24 and a one year high of $182.38. The stock’s fifty day moving average is $173.81 and its 200-day moving average is $172.86.

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.