MGB Wealth Management LLC Acquires 1,206 Shares of Vanguard Value ETF (NYSEARCA:VTV)

MGB Wealth Management LLC boosted its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 67.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,006 shares of the company’s stock after purchasing an additional 1,206 shares during the quarter. MGB Wealth Management LLC’s holdings in Vanguard Value ETF were worth $509,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VTV. Alpha Financial Partners LLC bought a new stake in Vanguard Value ETF in the third quarter worth $1,487,000. Fiduciary Alliance LLC purchased a new position in shares of Vanguard Value ETF in the 3rd quarter worth about $206,000. Creative Planning grew its position in Vanguard Value ETF by 0.3% during the 3rd quarter. Creative Planning now owns 619,556 shares of the company’s stock valued at $108,156,000 after purchasing an additional 1,717 shares during the last quarter. NBC Securities Inc. increased its stake in Vanguard Value ETF by 1.0% during the 3rd quarter. NBC Securities Inc. now owns 5,946 shares of the company’s stock valued at $1,038,000 after purchasing an additional 57 shares in the last quarter. Finally, Oxinas Partners Wealth Management LLC purchased a new position in Vanguard Value ETF in the third quarter worth about $208,000.

Vanguard Value ETF Stock Performance

Shares of NYSEARCA VTV opened at $176.50 on Thursday. The firm’s 50 day moving average price is $173.69 and its 200-day moving average price is $173.13. Vanguard Value ETF has a 52-week low of $150.24 and a 52-week high of $182.38. The company has a market cap of $125.88 billion, a PE ratio of 17.44 and a beta of 0.70.

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.