Sims Investment Management LLC Invests $4.46 Million in Vanguard Value ETF $VTV

Sims Investment Management LLC purchased a new position in Vanguard Value ETF (NYSEARCA:VTV) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 22,747 shares of the company’s stock, valued at approximately $4,463,000. Vanguard Value ETF comprises about 1.6% of Sims Investment Management LLC’s holdings, making the stock its 11th largest holding.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Dorato Capital Management purchased a new stake in Vanguard Value ETF during the fourth quarter valued at about $25,000. Godsey & Gibb Inc. purchased a new position in shares of Vanguard Value ETF in the 4th quarter worth about $26,000. Provenance Wealth Advisors LLC purchased a new position in shares of Vanguard Value ETF in the 3rd quarter worth about $26,000. CNB Bank bought a new position in shares of Vanguard Value ETF during the 4th quarter valued at about $29,000. Finally, Independence Bank of Kentucky bought a new position in shares of Vanguard Value ETF during the 4th quarter valued at about $29,000.

Vanguard Value ETF Trading Up 1.3%

Shares of NYSEARCA VTV opened at $220.49 on Friday. The stock has a market cap of $183.99 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a 1-year low of $174.35 and a 1-year high of $222.16. The stock’s 50-day moving average is $210.15 and its 200 day moving average is $202.58.

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.