Financial Management Professionals Inc. Makes New Investment in Vanguard Value ETF (NYSEARCA:VTV)

Financial Management Professionals Inc. bought a new stake in Vanguard Value ETF (NYSEARCA:VTV) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 128,078 shares of the company’s stock, valued at approximately $22,359,000. Vanguard Value ETF accounts for about 2.8% of Financial Management Professionals Inc.’s investment portfolio, making the stock its 13th largest holding.

A number of other large investors also recently made changes to their positions in the company. Capital Advisors Ltd. LLC grew its position in Vanguard Value ETF by 1.0% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 31,403 shares of the company’s stock worth $5,482,000 after purchasing an additional 309 shares in the last quarter. Goldstein Advisors LLC boosted its stake in shares of Vanguard Value ETF by 6.6% in the 3rd quarter. Goldstein Advisors LLC now owns 3,067 shares of the company’s stock worth $535,000 after buying an additional 191 shares during the last quarter. Modera Wealth Management LLC grew its holdings in shares of Vanguard Value ETF by 5.9% in the third quarter. Modera Wealth Management LLC now owns 1,506,793 shares of the company’s stock valued at $263,041,000 after acquiring an additional 84,111 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Vanguard Value ETF by 6.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,028,623 shares of the company’s stock valued at $179,567,000 after acquiring an additional 60,315 shares during the last quarter. Finally, Consolidated Portfolio Review Corp increased its position in shares of Vanguard Value ETF by 2.8% during the third quarter. Consolidated Portfolio Review Corp now owns 65,962 shares of the company’s stock valued at $11,515,000 after acquiring an additional 1,774 shares during the last quarter.

Vanguard Value ETF Trading Down 0.7 %

VTV stock opened at $173.63 on Friday. Vanguard Value ETF has a 1-year low of $131.42 and a 1-year high of $178.18. The stock has a market cap of $123.83 billion, a P/E ratio of 17.44 and a beta of 0.70. The stock’s fifty day simple moving average is $172.87 and its two-hundred day simple moving average is $165.36.

Vanguard Value ETF Company 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.