Independent Advisor Alliance Sells 11,628 Shares of Vanguard Value ETF (NYSEARCA:VTV)

Independent Advisor Alliance lessened its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 38.8% during the 3rd quarter, Holdings Channel reports. The firm owned 18,322 shares of the company’s stock after selling 11,628 shares during the period. Independent Advisor Alliance’s holdings in Vanguard Value ETF were worth $3,198,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Sanctuary Advisors LLC acquired a new stake in shares of Vanguard Value ETF in the 2nd quarter valued at approximately $183,842,000. Commonwealth Equity Services LLC raised its position in shares of Vanguard Value ETF by 4.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 3,249,489 shares of the company’s stock valued at $521,251,000 after acquiring an additional 152,223 shares during the period. Citizens Financial Group Inc. RI raised its position in shares of Vanguard Value ETF by 3.3% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 665,562 shares of the company’s stock valued at $107,341,000 after acquiring an additional 21,335 shares during the period. Kitching Partners LLC raised its position in shares of Vanguard Value ETF by 21.1% in the 2nd quarter. Kitching Partners LLC now owns 5,014 shares of the company’s stock valued at $804,000 after acquiring an additional 873 shares during the period. Finally, Annandale Capital LLC raised its position in shares of Vanguard Value ETF by 130.6% in the 2nd quarter. Annandale Capital LLC now owns 5,261 shares of the company’s stock valued at $844,000 after acquiring an additional 2,980 shares during the period.

Vanguard Value ETF Stock Performance

Shares of VTV stock opened at $181.22 on Tuesday. The company has a market capitalization of $129.24 billion, a P/E ratio of 17.44 and a beta of 0.70. The company’s 50 day moving average price is $175.43 and its two-hundred day moving average price is $168.22. Vanguard Value ETF has a 52 week low of $141.47 and a 52 week high of $181.93.

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.