Frisch Financial Group Inc. Has $22.63 Million Position in Vanguard Value ETF (NYSEARCA:VTV)

Frisch Financial Group Inc. lifted its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 15.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,092 shares of the company’s stock after acquiring an additional 18,528 shares during the period. Vanguard Value ETF makes up approximately 6.8% of Frisch Financial Group Inc.’s portfolio, making the stock its 2nd largest position. Frisch Financial Group Inc.’s holdings in Vanguard Value ETF were worth $22,633,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Optimum Investment Advisors bought a new stake in Vanguard Value ETF in the 2nd quarter worth approximately $28,000. Innealta Capital LLC bought a new stake in Vanguard Value ETF in the 2nd quarter worth approximately $28,000. Vima LLC bought a new stake in Vanguard Value ETF in the 4th quarter worth approximately $30,000. Eagle Bay Advisors LLC bought a new stake in Vanguard Value ETF in the 1st quarter worth approximately $30,000. Finally, MeadowBrook Investment Advisors LLC grew its position in Vanguard Value ETF by 111.1% in the 2nd quarter. MeadowBrook Investment Advisors LLC now owns 190 shares of the company’s stock worth $30,000 after purchasing an additional 100 shares during the period.

Vanguard Value ETF Price Performance

Shares of Vanguard Value ETF stock opened at $172.80 on Tuesday. The company’s fifty day simple moving average is $167.01 and its 200-day simple moving average is $162.34. The stock has a market capitalization of $123.24 billion, a PE ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a 1-year low of $131.42 and a 1-year high of $172.98.

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.