The Manufacturers Life Insurance Company Lowers Position in Vanguard Value ETF (NYSEARCA:VTV)

The Manufacturers Life Insurance Company lessened its stake in Vanguard Value ETF (NYSEARCA:VTV) by 5.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 580,079 shares of the company’s stock after selling 32,581 shares during the period. The Manufacturers Life Insurance Company owned about 0.08% of Vanguard Value ETF worth $101,263,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of VTV. Associated Banc Corp raised its stake in shares of Vanguard Value ETF by 6.1% during the 3rd quarter. Associated Banc Corp now owns 95,611 shares of the company’s stock worth $16,691,000 after buying an additional 5,462 shares during the period. Diversified LLC raised its stake in shares of Vanguard Value ETF by 2.6% during the 3rd quarter. Diversified LLC now owns 9,674 shares of the company’s stock worth $1,689,000 after buying an additional 245 shares during the period. Brown Brothers Harriman & Co. raised its stake in shares of Vanguard Value ETF by 4.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 3,807 shares of the company’s stock worth $665,000 after buying an additional 159 shares during the period. Davis R M Inc. acquired a new position in shares of Vanguard Value ETF during the 3rd quarter worth approximately $257,000. Finally, Bank of Hawaii raised its stake in shares of Vanguard Value ETF by 0.3% during the 3rd quarter. Bank of Hawaii now owns 566,024 shares of the company’s stock worth $98,811,000 after buying an additional 1,461 shares during the period.

Vanguard Value ETF Price Performance

Shares of VTV stock opened at $181.37 on Wednesday. The company has a market cap of $129.35 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70. The stock has a 50 day simple moving average of $175.61 and a 200-day simple moving average of $168.36. Vanguard Value ETF has a 1-year low of $141.47 and a 1-year high of $181.93.

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.