Citizens Financial Group Inc. RI Decreases Stake in Vanguard Value ETF $VTV

Citizens Financial Group Inc. RI lessened its stake in Vanguard Value ETF (NYSEARCA:VTV) by 0.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 633,314 shares of the company’s stock after selling 3,978 shares during the quarter. Vanguard Value ETF accounts for 1.7% of Citizens Financial Group Inc. RI’s investment portfolio, making the stock its 12th largest position. Citizens Financial Group Inc. RI’s holdings in Vanguard Value ETF were worth $124,256,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Dorato Capital Management acquired a new position in Vanguard Value ETF during the fourth quarter worth about $25,000. Godsey & Gibb Inc. acquired a new stake in shares of Vanguard Value ETF during the 4th quarter valued at approximately $26,000. Independence Bank of Kentucky purchased a new stake in shares of Vanguard Value ETF during the 4th quarter worth approximately $29,000. CNB Bank purchased a new stake in shares of Vanguard Value ETF during the 4th quarter worth approximately $29,000. Finally, Rexford Capital Inc. grew its holdings in shares of Vanguard Value ETF by 124.6% in the 1st quarter. Rexford Capital Inc. now owns 155 shares of the company’s stock worth $30,000 after acquiring an additional 86 shares during the period.

Vanguard Value ETF Stock Up 0.3%

NYSEARCA VTV traded up $0.64 during mid-day trading on Friday, hitting $219.20. The stock had a trading volume of 3,070,150 shares, compared to its average volume of 3,795,811. The company has a 50 day simple moving average of $213.51 and a 200 day simple moving average of $204.60. The company has a market cap of $187.12 billion, a price-to-earnings ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a 52-week low of $174.35 and a 52-week high of $222.15.

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.