Financial Network Wealth Management LLC Has $863,000 Stock Position in Vanguard Value ETF (NYSEARCA:VTV)

Financial Network Wealth Management LLC reduced its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 6.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,099 shares of the company’s stock after selling 357 shares during the period. Financial Network Wealth Management LLC’s holdings in Vanguard Value ETF were worth $863,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VTV. Raymond James Financial Inc. acquired a new position in Vanguard Value ETF during the fourth quarter valued at approximately $1,288,912,000. Strategic Financial Concepts LLC increased its holdings in shares of Vanguard Value ETF by 15,337.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,549,182 shares of the company’s stock worth $431,577,000 after buying an additional 2,532,669 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Vanguard Value ETF by 3.2% during the fourth quarter. Jones Financial Companies Lllp now owns 53,858,087 shares of the company’s stock worth $9,118,174,000 after buying an additional 1,672,314 shares in the last quarter. Lincoln National Corp acquired a new position in shares of Vanguard Value ETF during the fourth quarter worth $239,161,000. Finally, Kovitz Investment Group Partners LLC increased its holdings in shares of Vanguard Value ETF by 3,438.5% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,133,747 shares of the company’s stock worth $194,867,000 after buying an additional 1,101,707 shares in the last quarter.

Vanguard Value ETF Stock Performance

Shares of NYSEARCA:VTV opened at $173.42 on Friday. The company has a fifty day moving average of $175.07 and a 200-day moving average of $174.57. The company has a market capitalization of $275.74 billion, a PE ratio of 19.23 and a beta of 0.88. Vanguard Value ETF has a 52-week low of $154.12 and a 52-week 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.