Balboa Wealth Partners Boosts Stock Position in Vanguard Value ETF (NYSEARCA:VTV)

Balboa Wealth Partners increased its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 396.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,374 shares of the company’s stock after purchasing an additional 11,479 shares during the quarter. Balboa Wealth Partners’ holdings in Vanguard Value ETF were worth $2,433,000 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 added to or reduced their stakes in VTV. Delta Financial Group Inc. purchased a new stake in Vanguard Value ETF in the 4th quarter valued at about $8,147,000. Capital Management Associates Inc grew its holdings in Vanguard Value ETF by 17.0% in the 4th quarter. Capital Management Associates Inc now owns 6,173 shares of the company’s stock valued at $1,045,000 after buying an additional 897 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in Vanguard Value ETF in the 4th quarter valued at about $48,000. GM Advisory Group LLC grew its holdings in Vanguard Value ETF by 23.2% in the 3rd quarter. GM Advisory Group LLC now owns 6,789 shares of the company’s stock valued at $1,185,000 after buying an additional 1,277 shares during the period. Finally, MGB Wealth Management LLC grew its holdings in Vanguard Value ETF by 67.0% in the 4th quarter. MGB Wealth Management LLC now owns 3,006 shares of the company’s stock valued at $509,000 after buying an additional 1,206 shares during the period.

Vanguard Value ETF Price Performance

VTV opened at $169.44 on Thursday. The stock has a market capitalization of $264.33 billion, a price-to-earnings ratio of 19.87 and a beta of 0.90. The business has a 50-day moving average of $174.80 and a two-hundred day moving average of $174.55. Vanguard Value ETF has a 12 month low of $154.12 and a 12 month high of $182.38.

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.