Independent Advisor Alliance Has $20.37 Million Stock Position in Vanguard Value ETF (NYSEARCA:VTV)

Independent Advisor Alliance grew its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 556.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 120,313 shares of the company’s stock after purchasing an additional 101,991 shares during the quarter. Independent Advisor Alliance’s holdings in Vanguard Value ETF were worth $20,369,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VTV. Highland Financial Advisors LLC grew its holdings in shares of Vanguard Value ETF by 2.1% in the fourth quarter. Highland Financial Advisors LLC now owns 2,763 shares of the company’s stock valued at $468,000 after purchasing an additional 57 shares during the period. Opes Wealth Management LLC raised its holdings in Vanguard Value ETF by 4.8% in the fourth quarter. Opes Wealth Management LLC now owns 1,266 shares of the company’s stock valued at $214,000 after acquiring an additional 58 shares in the last quarter. DDD Partners LLC raised its holdings in Vanguard Value ETF by 1.7% in the fourth quarter. DDD Partners LLC now owns 3,489 shares of the company’s stock valued at $591,000 after acquiring an additional 58 shares in the last quarter. WASHINGTON TRUST Co increased its stake in Vanguard Value ETF by 1.0% in the fourth quarter. WASHINGTON TRUST Co now owns 6,352 shares of the company’s stock valued at $1,075,000 after purchasing an additional 60 shares during the last quarter. Finally, Sheets Smith Wealth Management increased 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 purchasing an additional 61 shares during the last quarter.

Vanguard Value ETF Trading Up 0.9 %

Shares of VTV opened at $174.45 on Monday. The firm has a market cap of $272.14 billion, a PE ratio of 19.87 and a beta of 0.90. The company’s 50 day simple moving average is $174.72 and its 200-day simple moving average is $174.56. Vanguard Value ETF has a 12-month low of $154.12 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.