Tortoise Investment Management LLC Grows Position in Vanguard Value ETF $VTV

Tortoise Investment Management LLC increased its stake in Vanguard Value ETF (NYSEARCA:VTV) by 4.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 88,221 shares of the company’s stock after purchasing an additional 3,746 shares during the quarter. Vanguard Value ETF comprises about 1.5% of Tortoise Investment Management LLC’s holdings, making the stock its 16th largest position. Tortoise Investment Management LLC’s holdings in Vanguard Value ETF were worth $16,849,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Bishop & Co Investment Management LLC grew its stake in shares of Vanguard Value ETF by 2.1% in the third quarter. Bishop & Co Investment Management LLC now owns 279,081 shares of the company’s stock valued at $52,046,000 after buying an additional 5,841 shares in the last quarter. Citigroup Inc. grew its stake in shares of Vanguard Value ETF by 10.7% in the third quarter. Citigroup Inc. now owns 2,486,148 shares of the company’s stock valued at $463,642,000 after buying an additional 239,518 shares in the last quarter. Lebenthal Global Advisors LLC grew its stake in shares of Vanguard Value ETF by 2.4% in the fourth quarter. Lebenthal Global Advisors LLC now owns 144,038 shares of the company’s stock valued at $27,510,000 after buying an additional 3,327 shares in the last quarter. MA Private Wealth grew its stake in shares of Vanguard Value ETF by 4.0% in the third quarter. MA Private Wealth now owns 171,502 shares of the company’s stock valued at $31,983,000 after buying an additional 6,518 shares in the last quarter. Finally, Facet Wealth Inc. grew its stake in shares of Vanguard Value ETF by 3.8% in the third quarter. Facet Wealth Inc. now owns 1,485,218 shares of the company’s stock valued at $276,978,000 after buying an additional 54,550 shares in the last quarter.

Vanguard Value ETF Stock Up 0.3%

Shares of NYSEARCA VTV opened at $207.38 on Tuesday. Vanguard Value ETF has a fifty-two week low of $167.63 and a fifty-two week high of $209.72. The business has a 50 day moving average price of $201.33 and a two-hundred day moving average price of $197.29. The firm has a market cap of $173.05 billion, a PE ratio of 18.14 and a beta of 0.76.

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. 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.