HighTower Advisors LLC Boosts Stock Position in Vanguard Value ETF $VTV

HighTower Advisors LLC lifted its position in Vanguard Value ETF (NYSEARCA:VTV) by 6.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,460,961 shares of the company’s stock after buying an additional 208,749 shares during the quarter. Vanguard Value ETF comprises approximately 0.7% of HighTower Advisors LLC’s investment portfolio, making the stock its 21st largest holding. HighTower Advisors LLC’s holdings in Vanguard Value ETF were worth $661,009,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in shares of Vanguard Value ETF by 4.4% during the third quarter. Bank of America Corp DE now owns 133,808,505 shares of the company’s stock worth $24,953,948,000 after acquiring an additional 5,667,887 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Vanguard Value ETF by 3.2% during the third quarter. Jones Financial Companies Lllp now owns 53,966,784 shares of the company’s stock worth $10,068,563,000 after purchasing an additional 1,684,472 shares during the period. Envestnet Asset Management Inc. boosted its position in Vanguard Value ETF by 5.3% in the third quarter. Envestnet Asset Management Inc. now owns 21,895,965 shares of the company’s stock valued at $4,083,379,000 after buying an additional 1,103,718 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Vanguard Value ETF by 4.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock worth $2,072,160,000 after buying an additional 479,866 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in Vanguard Value ETF by 6.4% in the 3rd quarter. Raymond James Financial Inc. now owns 7,922,686 shares of the company’s stock worth $1,477,502,000 after buying an additional 476,101 shares during the period.

Vanguard Value ETF Trading Up 0.3%

VTV opened at $207.38 on Tuesday. The firm has a market capitalization of $173.05 billion, a PE ratio of 18.14 and a beta of 0.76. The firm has a 50 day moving average of $201.33 and a two-hundred day moving average of $197.29. Vanguard Value ETF has a 12-month low of $167.63 and a 12-month high of $209.72.

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. The Index represents the value companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of predominantly large-capitalization companies in the United States equity market.