Concorde Asset Management LLC Decreases Stock Position in Vanguard Value ETF (NYSEARCA:VTV)

Concorde Asset Management LLC lessened its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 12.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,120 shares of the company’s stock after selling 296 shares during the quarter. Concorde Asset Management LLC’s holdings in Vanguard Value ETF were worth $370,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. International Assets Investment Management LLC raised its holdings in Vanguard Value ETF by 170,141.6% during the 3rd quarter. International Assets Investment Management LLC now owns 20,325,139 shares of the company’s stock valued at $3,548,160,000 after buying an additional 20,313,200 shares during the period. Envestnet Asset Management Inc. increased its stake in Vanguard Value ETF by 2.2% in the second quarter. Envestnet Asset Management Inc. now owns 20,094,536 shares of the company’s stock worth $3,223,364,000 after purchasing an additional 432,353 shares during the period. LPL Financial LLC increased its stake in Vanguard Value ETF by 4.6% in the third quarter. LPL Financial LLC now owns 9,388,550 shares of the company’s stock worth $1,638,959,000 after purchasing an additional 412,100 shares during the period. TIAA Trust National Association increased its stake in Vanguard Value ETF by 4.4% in the second quarter. TIAA Trust National Association now owns 5,973,114 shares of the company’s stock worth $958,146,000 after purchasing an additional 249,558 shares during the period. Finally, Mill Creek Capital Advisors LLC increased its stake in Vanguard Value ETF by 1.4% in the third quarter. Mill Creek Capital Advisors LLC now owns 5,422,168 shares of the company’s stock worth $946,548,000 after purchasing an additional 73,743 shares during the period.

Vanguard Value ETF Stock Up 1.2 %

VTV stock opened at $178.77 on Friday. The business’s fifty day simple moving average is $175.09 and its two-hundred day simple moving average is $167.81. Vanguard Value ETF has a twelve month low of $141.31 and a twelve month high of $180.06. The firm has a market cap of $127.50 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70.

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.