Summit Wealth & Retirement Planning Inc. Invests $715,000 in Vanguard Value ETF (NYSEARCA:VTV)

Summit Wealth & Retirement Planning Inc. bought a new position in Vanguard Value ETF (NYSEARCA:VTV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,226 shares of the company’s stock, valued at approximately $715,000.

A number of other institutional investors have also recently made changes to their positions in VTV. NBC Securities Inc. lifted its holdings in shares of Vanguard Value ETF by 1.0% in the 3rd quarter. NBC Securities Inc. now owns 5,946 shares of the company’s stock worth $1,038,000 after acquiring an additional 57 shares during the last quarter. Embree Financial Group lifted its holdings in Vanguard Value ETF by 0.7% during the third quarter. Embree Financial Group now owns 8,661 shares of the company’s stock worth $1,512,000 after buying an additional 57 shares during the period. Confluence Wealth Services Inc. raised its holdings in Vanguard Value ETF by 1.6% in the third quarter. Confluence Wealth Services Inc. now owns 3,812 shares of the company’s stock worth $665,000 after purchasing an additional 61 shares in the last quarter. Sheets Smith Wealth Management boosted its stake in Vanguard Value ETF by 0.3% in the third quarter. Sheets Smith Wealth Management now owns 18,698 shares of the company’s stock valued at $3,264,000 after acquiring an additional 61 shares in the last quarter. Finally, Leonard Rickey Investment Advisors P.L.L.C. grew its stake in Vanguard Value ETF by 0.6% during the 4th quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 10,553 shares of the company’s stock worth $1,787,000 after buying an additional 62 shares during the last quarter.

Vanguard Value ETF Trading Down 0.6 %

NYSEARCA:VTV opened at $176.20 on Friday. The firm has a fifty day simple moving average of $173.81 and a 200-day simple moving average of $172.86. The company has a market capitalization of $125.66 billion, a P/E ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a 12 month low of $150.24 and a 12 month high of $182.38.

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.