Verus Wealth Management LLC Makes New $671,000 Investment in Vanguard S&P 500 Value ETF (NYSEARCA:VOOV)

Verus Wealth Management LLC purchased a new position in Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 3,639 shares of the company’s stock, valued at approximately $671,000. Vanguard S&P 500 Value ETF comprises about 0.8% of Verus Wealth Management LLC’s portfolio, making the stock its 29th largest holding.

Other large investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC grew its holdings in Vanguard S&P 500 Value ETF by 5.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 1,649 shares of the company’s stock worth $325,000 after acquiring an additional 88 shares during the last quarter. Atomi Financial Group Inc. bought a new stake in Vanguard S&P 500 Value ETF in the 4th quarter worth $263,000. B. Riley Wealth Advisors Inc. grew its holdings in Vanguard S&P 500 Value ETF by 22.3% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 5,213 shares of the company’s stock worth $922,000 after acquiring an additional 952 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Vanguard S&P 500 Value ETF during the 3rd quarter valued at about $360,000. Finally, Arkadios Wealth Advisors boosted its stake in shares of Vanguard S&P 500 Value ETF by 56.9% during the 4th quarter. Arkadios Wealth Advisors now owns 2,102 shares of the company’s stock valued at $388,000 after purchasing an additional 762 shares in the last quarter.

Vanguard S&P 500 Value ETF Trading Down 0.3 %

Shares of VOOV opened at $190.95 on Wednesday. The firm’s 50-day moving average price is $189.87 and its 200-day moving average price is $188.34. The firm has a market capitalization of $4.92 billion, a price-to-earnings ratio of 23.00 and a beta of 0.84. Vanguard S&P 500 Value ETF has a 1-year low of $167.27 and a 1-year high of $199.72.

About Vanguard S&P 500 Value ETF

The Vanguard S&P 500 Value ETF (VOOV) is an exchange-traded fund that is based on the S&P 500 Value index. The fund tracks an index of large- and mid-cap value-style securities from the Committee-selected S&P 500. VOOV was launched on Sep 7, 2010 and is managed by Vanguard.