Beacon Financial Group Lowers Position in Vanguard Value ETF $VTV

Beacon Financial Group trimmed its position in Vanguard Value ETF (NYSEARCA:VTV) by 13.8% in the second quarter, HoldingsChannel.com reports. The firm owned 100,053 shares of the company’s stock after selling 16,080 shares during the period. Vanguard Value ETF comprises 2.0% of Beacon Financial Group’s investment portfolio, making the stock its 9th largest holding. Beacon Financial Group’s holdings in Vanguard Value ETF were worth $21,805,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Godsey & Gibb Inc. acquired a new position in Vanguard Value ETF during the fourth quarter worth $26,000. CNB Bank acquired a new stake in shares of Vanguard Value ETF in the 4th quarter valued at $29,000. 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 purchasing an additional 86 shares during the last quarter. Luken Investment Analytics LLC bought a new stake in shares of Vanguard Value ETF in the 4th quarter worth about $35,000. Finally, Allied Private Wealth LLC bought a new stake in shares of Vanguard Value ETF in the 2nd quarter worth about $41,000.

Vanguard Value ETF Stock Up 0.4%

Shares of Vanguard Value ETF stock opened at $226.29 on Thursday. Vanguard Value ETF has a 12-month low of $179.46 and a 12-month high of $226.62. The stock has a market capitalization of $193.17 billion, a P/E ratio of 18.14 and a beta of 0.75. The company has a 50-day simple moving average of $218.96 and a 200 day simple moving average of $208.91.

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.