Tortoise Investment Management LLC Purchases 5,073 Shares of Vanguard Value ETF (NYSEARCA:VTV)

Tortoise Investment Management LLC grew its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 7.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 76,219 shares of the company’s stock after buying an additional 5,073 shares during the quarter. Vanguard Value ETF accounts for approximately 1.4% of Tortoise Investment Management LLC’s investment portfolio, making the stock its 19th biggest holding. Tortoise Investment Management LLC’s holdings in Vanguard Value ETF were worth $12,904,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Delta Financial Group Inc. bought a new stake in Vanguard Value ETF in the fourth quarter worth $8,147,000. Capital Management Associates Inc lifted its position in Vanguard Value ETF by 17.0% during the fourth quarter. Capital Management Associates Inc now owns 6,173 shares of the company’s stock valued at $1,045,000 after purchasing an additional 897 shares during the period. GM Advisory Group LLC raised its position in Vanguard Value ETF by 23.2% in the third quarter. GM Advisory Group LLC now owns 6,789 shares of the company’s stock worth $1,185,000 after acquiring an additional 1,277 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in shares of Vanguard Value ETF in the fourth quarter worth $48,000. Finally, MGB Wealth Management LLC grew its stake in Vanguard Value ETF by 67.0% during the fourth quarter. MGB Wealth Management LLC now owns 3,006 shares of the company’s stock valued at $509,000 after acquiring an additional 1,206 shares in the last quarter.

Vanguard Value ETF Stock Up 0.9 %

Shares of NYSEARCA:VTV opened at $174.45 on Monday. Vanguard Value ETF has a 52 week low of $154.12 and a 52 week high of $182.38. The stock has a market capitalization of $272.14 billion, a P/E ratio of 19.87 and a beta of 0.90. The firm has a fifty day simple moving average of $174.72 and a two-hundred day simple moving average of $174.56.

Vanguard Value ETF Company Profile

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.