Pinnacle Financial Partners Inc Has $2.32 Million Stake in Vanguard Value ETF (NYSEARCA:VTV)

Pinnacle Financial Partners Inc lowered its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 1.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,691 shares of the company’s stock after selling 207 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Vanguard Value ETF were worth $2,318,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Highland Financial Advisors LLC grew its holdings in Vanguard Value ETF by 2.1% in the 4th quarter. Highland Financial Advisors LLC now owns 2,763 shares of the company’s stock valued at $468,000 after buying an additional 57 shares during the last quarter. Opes Wealth Management LLC grew its holdings in Vanguard Value ETF by 4.8% in the 4th quarter. Opes Wealth Management LLC now owns 1,266 shares of the company’s stock valued at $214,000 after buying an additional 58 shares during the last quarter. DDD Partners LLC lifted its position in shares of Vanguard Value ETF by 1.7% in the 4th quarter. DDD Partners LLC now owns 3,489 shares of the company’s stock worth $591,000 after acquiring an additional 58 shares during the period. WASHINGTON TRUST Co lifted its position in shares of Vanguard Value ETF by 1.0% in the 4th quarter. WASHINGTON TRUST Co now owns 6,352 shares of the company’s stock worth $1,075,000 after acquiring an additional 60 shares during the period. Finally, Confluence Wealth Services Inc. lifted its position in shares of Vanguard Value ETF by 1.6% in the 3rd quarter. Confluence Wealth Services Inc. now owns 3,812 shares of the company’s stock worth $665,000 after acquiring an additional 61 shares during the period.

Vanguard Value ETF Trading Down 1.2 %

Shares of VTV stock opened at $176.34 on Friday. The stock has a 50 day moving average of $173.82 and a two-hundred day moving average of $173.80. Vanguard Value ETF has a 12 month low of $154.12 and a 12 month high of $182.38. The company has a market capitalization of $125.76 billion, a P/E ratio of 17.44 and a beta of 0.70.

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.