Greystone Financial Group LLC Lowers Position in Vanguard Value ETF (NYSEARCA:VTV)

Greystone Financial Group LLC trimmed its stake in Vanguard Value ETF (NYSEARCA:VTV) by 5.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 23,410 shares of the company’s stock after selling 1,228 shares during the quarter. Greystone Financial Group LLC’s holdings in Vanguard Value ETF were worth $3,755,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in VTV. Cetera Investment Advisers lifted its holdings in shares of Vanguard Value ETF by 179.7% during the first quarter. Cetera Investment Advisers now owns 2,185,380 shares of the company’s stock worth $355,911,000 after purchasing an additional 1,404,141 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Vanguard Value ETF by 19.0% in the 1st quarter. Bank of New York Mellon Corp now owns 4,528,242 shares of the company’s stock valued at $737,470,000 after acquiring an additional 722,159 shares during the last quarter. Chan Zuckerberg Initiative LLC acquired a new stake in shares of Vanguard Value ETF in the fourth quarter worth $89,575,000. Simplicity Wealth LLC purchased a new position in shares of Vanguard Value ETF during the first quarter worth $91,839,000. Finally, Midland Wealth Advisors LLC acquired a new position in Vanguard Value ETF during the fourth quarter valued at $84,045,000.

Vanguard Value ETF Trading Down 1.3 %

VTV traded down $2.17 during midday trading on Friday, hitting $167.42. 2,549,154 shares of the company were exchanged, compared to its average volume of 2,061,807. The company’s 50 day simple moving average is $165.81 and its 200 day simple moving average is $161.62. The firm has a market capitalization of $119.40 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a 1-year low of $131.42 and a 1-year high of $172.98.

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.