Meridian Wealth Management LLC Makes New $18.89 Million Investment in Vanguard Value ETF (NYSEARCA:VTV)

Meridian Wealth Management LLC purchased a new stake in shares of Vanguard Value ETF (NYSEARCA:VTV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 108,236 shares of the company’s stock, valued at approximately $18,890,000. Vanguard Value ETF makes up about 0.9% of Meridian Wealth Management LLC’s investment portfolio, making the stock its 15th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Vanguard Value ETF by 36.2% during the 1st quarter. Vanguard Group Inc. now owns 218,963 shares of the company’s stock valued at $35,660,000 after acquiring an additional 58,161 shares during the last quarter. Stonebridge Capital Advisors LLC boosted its position in Vanguard Value ETF by 8.9% during the first quarter. Stonebridge Capital Advisors LLC now owns 1,754 shares of the company’s stock worth $286,000 after purchasing an additional 143 shares during the period. LRI Investments LLC acquired a new position in Vanguard Value ETF during the first quarter valued at approximately $414,000. Kestra Advisory Services LLC raised its position in shares of Vanguard Value ETF by 14.2% in the first quarter. Kestra Advisory Services LLC now owns 836,695 shares of the company’s stock valued at $136,264,000 after purchasing an additional 103,967 shares during the period. Finally, BOKF NA lifted its stake in shares of Vanguard Value ETF by 29.1% in the first quarter. BOKF NA now owns 68,923 shares of the company’s stock worth $11,181,000 after buying an additional 15,528 shares during the last quarter.

Vanguard Value ETF Price Performance

Shares of VTV opened at $178.77 on Friday. The company has a market capitalization of $127.50 billion, a PE ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a one year low of $141.31 and a one year high of $180.06. The company’s fifty day moving average price is $175.09 and its 200 day moving average price is $167.81.

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.