49 Wealth Management LLC Sells 77,182 Shares of Vanguard Value ETF (NYSEARCA:VTV)

49 Wealth Management LLC reduced its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 32.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 158,114 shares of the company’s stock after selling 77,182 shares during the period. Vanguard Value ETF comprises 4.5% of 49 Wealth Management LLC’s holdings, making the stock its 7th biggest position. 49 Wealth Management LLC’s holdings in Vanguard Value ETF were worth $27,602,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. NBC Securities Inc. increased its position in shares of Vanguard Value ETF by 1.0% in the third quarter. NBC Securities Inc. now owns 5,946 shares of the company’s stock valued at $1,038,000 after buying an additional 57 shares in the last quarter. Embree Financial Group grew its position in shares of Vanguard Value ETF by 0.7% in the third quarter. Embree Financial Group now owns 8,661 shares of the company’s stock valued at $1,512,000 after purchasing an additional 57 shares in the last quarter. Confluence Wealth Services Inc. boosted its stake in Vanguard Value ETF by 1.6% during the third quarter. Confluence Wealth Services Inc. now owns 3,812 shares of the company’s stock worth $665,000 after buying an additional 61 shares during the last quarter. Sheets Smith Wealth Management increased its stake in shares of Vanguard Value ETF by 0.3% in the 3rd quarter. Sheets Smith Wealth Management now owns 18,698 shares of the company’s stock worth $3,264,000 after acquiring an additional 61 shares during the last quarter. Finally, Independent Wealth Network Inc. increased its position in Vanguard Value ETF by 3.0% during the first quarter. Independent Wealth Network Inc. now owns 2,163 shares of the company’s stock worth $352,000 after purchasing an additional 63 shares during the last quarter.

Vanguard Value ETF Stock Performance

VTV stock opened at $178.77 on Friday. Vanguard Value ETF has a one year low of $141.31 and a one year high of $180.06. The firm has a market cap of $127.50 billion, a PE ratio of 17.44 and a beta of 0.70. The firm’s 50 day moving average price is $175.09 and its 200-day moving average price is $167.81.

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.