Petredis Investment Advisors LLC Trims Stock Position in Vanguard S&P 500 Value ETF (NYSEARCA:VOOV)

Petredis Investment Advisors LLC reduced its stake in shares of Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) by 9.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 122,061 shares of the company’s stock after selling 12,438 shares during the quarter. Vanguard S&P 500 Value ETF makes up about 2.3% of Petredis Investment Advisors LLC’s holdings, making the stock its 12th biggest holding. Petredis Investment Advisors LLC owned about 0.47% of Vanguard S&P 500 Value ETF worth $22,521,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VOOV. AE Wealth Management LLC grew its position in shares of Vanguard S&P 500 Value ETF by 12.7% in the 2nd quarter. AE Wealth Management LLC now owns 3,078 shares of the company’s stock worth $541,000 after buying an additional 348 shares during the period. Bank of Montreal Can grew its position in shares of Vanguard S&P 500 Value ETF by 2.3% in the 2nd quarter. Bank of Montreal Can now owns 7,886 shares of the company’s stock worth $1,410,000 after buying an additional 181 shares during the period. Magnolia Capital Advisors LLC purchased a new stake in shares of Vanguard S&P 500 Value ETF in the 2nd quarter worth about $445,000. Creative Planning grew its position in shares of Vanguard S&P 500 Value ETF by 11.0% in the 2nd quarter. Creative Planning now owns 5,163 shares of the company’s stock worth $908,000 after buying an additional 513 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard S&P 500 Value ETF by 8.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 56,717 shares of the company’s stock worth $9,971,000 after buying an additional 4,576 shares during the period.

Vanguard S&P 500 Value ETF Stock Performance

Shares of VOOV stock opened at $189.69 on Friday. Vanguard S&P 500 Value ETF has a one year low of $167.27 and a one year high of $199.72. The company’s 50-day moving average is $189.95 and its 200 day moving average is $188.00. The company has a market capitalization of $4.89 billion, a price-to-earnings ratio of 23.00 and a beta of 0.84.

About Vanguard S&P 500 Value ETF

The Vanguard S&P 500 Value ETF (VOOV) is an exchange-traded fund that is based on the S&P 500 Value index. The fund tracks an index of large- and mid-cap value-style securities from the Committee-selected S&P 500. VOOV was launched on Sep 7, 2010 and is managed by Vanguard.