Vanguard Value ETF (NYSEARCA:VTV) Stock Position Reduced by Horizon Bancorp Inc. IN

Horizon Bancorp Inc. IN decreased its stake in Vanguard Value ETF (NYSEARCA:VTV) by 5.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 69,148 shares of the company’s stock after selling 3,736 shares during the quarter. Vanguard Value ETF makes up about 5.6% of Horizon Bancorp Inc. IN’s holdings, making the stock its 3rd biggest position. Horizon Bancorp Inc. IN’s holdings in Vanguard Value ETF were worth $12,071,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC increased its position in Vanguard Value ETF by 170,141.6% in the 3rd quarter. International Assets Investment Management LLC now owns 20,325,139 shares of the company’s stock worth $3,548,160,000 after purchasing an additional 20,313,200 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in Vanguard Value ETF by 26,320.0% in the second quarter. Strategic Financial Concepts LLC now owns 2,684,011 shares of the company’s stock worth $430,542,000 after buying an additional 2,673,852 shares during the last quarter. Cetera Investment Advisers raised its position in Vanguard Value ETF by 179.7% during the first quarter. Cetera Investment Advisers now owns 2,185,380 shares of the company’s stock valued at $355,911,000 after acquiring an additional 1,404,141 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Vanguard Value ETF in the second quarter valued at approximately $183,842,000. Finally, Retirement Investment Advisors Inc. bought a new stake in Vanguard Value ETF in the second quarter worth approximately $175,884,000.

Vanguard Value ETF Stock Performance

Shares of Vanguard Value ETF stock traded down $1.23 during midday trading on Friday, reaching $173.63. 1,187,558 shares of the company’s stock traded hands, compared to its average volume of 1,984,395. Vanguard Value ETF has a 52 week low of $131.42 and a 52 week high of $178.18. The company’s 50 day simple moving average is $172.75 and its 200 day simple moving average is $165.24. The company has a market cap of $123.83 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70.

Vanguard Value ETF 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.