Avantax Advisory Services Inc. Buys 237,491 Shares of Vanguard Value ETF (NYSEARCA:VTV)

Avantax Advisory Services Inc. lifted its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 8.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,147,762 shares of the company’s stock after purchasing an additional 237,491 shares during the quarter. Vanguard Value ETF comprises about 3.3% of Avantax Advisory Services Inc.’s investment portfolio, making the stock its 5th largest position. Avantax Advisory Services Inc.’s holdings in Vanguard Value ETF were worth $532,916,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VTV. Roble Belko & Company Inc acquired a new position in shares of Vanguard Value ETF during the 4th quarter worth $25,000. SYM FINANCIAL Corp grew its stake in Vanguard Value ETF by 140.3% in the 4th quarter. SYM FINANCIAL Corp now owns 161 shares of the company’s stock valued at $27,000 after acquiring an additional 94 shares during the last quarter. Synergy Asset Management LLC acquired a new stake in Vanguard Value ETF in the 4th quarter valued at about $31,000. Kieckhefer Group LLC acquired a new stake in Vanguard Value ETF in the 4th quarter valued at about $32,000. Finally, Cardinal Strategic Wealth Guidance acquired a new stake in Vanguard Value ETF in the 4th quarter valued at about $34,000.

Vanguard Value ETF Trading Down 1.2 %

Shares of NYSEARCA VTV opened at $170.20 on Wednesday. The stock has a market cap of $265.51 billion, a price-to-earnings ratio of 19.87 and a beta of 0.90. Vanguard Value ETF has a 52 week low of $154.12 and a 52 week high of $182.38. The company’s 50-day moving average price is $174.80 and its 200 day moving average price is $174.58.

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.