487,674 Shares in Vanguard Value ETF $VTV Purchased by Arax Advisory Partners

Arax Advisory Partners purchased a new position in Vanguard Value ETF (NYSEARCA:VTV) in the fourth quarter, Holdings Channel reports. The fund purchased 487,674 shares of the company’s stock, valued at approximately $93,141,000. Vanguard Value ETF accounts for approximately 2.7% of Arax Advisory Partners’ investment portfolio, making the stock its 2nd biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VTV. Brighton Jones LLC boosted its stake in Vanguard Value ETF by 7.9% in the fourth quarter. Brighton Jones LLC now owns 42,618 shares of the company’s stock valued at $7,215,000 after acquiring an additional 3,109 shares during the period. Bison Wealth LLC lifted its position in Vanguard Value ETF by 10.7% in the fourth quarter. Bison Wealth LLC now owns 3,092 shares of the company’s stock worth $523,000 after purchasing an additional 298 shares during the period. Millennium Management LLC acquired a new stake in Vanguard Value ETF in the first quarter worth approximately $4,052,000. United Bank lifted its position in Vanguard Value ETF by 1.8% in the second quarter. United Bank now owns 21,435 shares of the company’s stock worth $3,788,000 after purchasing an additional 381 shares during the period. Finally, Jump Financial LLC bought a new position in shares of Vanguard Value ETF in the second quarter valued at $1,303,000.

Vanguard Value ETF Stock Performance

NYSEARCA VTV opened at $217.09 on Friday. The stock has a market capitalization of $181.15 billion, a P/E ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a 1 year low of $172.57 and a 1 year high of $217.62. The business’s fifty day moving average is $206.99 and its two-hundred day moving average is $200.69.

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.