Wealth Management Resources Inc. Increases Holdings in Vanguard Value ETF (NYSEARCA:VTV)

Wealth Management Resources Inc. boosted its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 5.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 24,365 shares of the company’s stock after purchasing an additional 1,198 shares during the quarter. Vanguard Value ETF comprises 1.5% of Wealth Management Resources Inc.’s portfolio, making the stock its 16th biggest position. Wealth Management Resources Inc.’s holdings in Vanguard Value ETF were worth $4,209,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of VTV. Bank of America Corp DE boosted its position in Vanguard Value ETF by 1.7% in the 4th quarter. Bank of America Corp DE now owns 120,257,838 shares of the company’s stock worth $20,359,652,000 after purchasing an additional 1,952,615 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Vanguard Value ETF by 3.2% in the 4th quarter. Jones Financial Companies Lllp now owns 53,858,087 shares of the company’s stock valued at $9,118,174,000 after purchasing an additional 1,672,314 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Value ETF by 1.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 20,106,381 shares of the company’s stock valued at $3,404,010,000 after purchasing an additional 311,671 shares during the period. Ameriprise Financial Inc. boosted its holdings in Vanguard Value ETF by 6.3% during the fourth quarter. Ameriprise Financial Inc. now owns 10,151,994 shares of the company’s stock worth $1,719,223,000 after buying an additional 601,539 shares in the last quarter. Finally, LPL Financial LLC grew its position in Vanguard Value ETF by 1.6% during the fourth quarter. LPL Financial LLC now owns 9,542,614 shares of the company’s stock valued at $1,615,565,000 after buying an additional 154,064 shares during the period.

Vanguard Value ETF Stock Performance

VTV opened at $174.97 on Thursday. The company has a fifty day moving average of $169.88 and a two-hundred day moving average of $171.35. The stock has a market capitalization of $278.20 billion, a price-to-earnings ratio of 18.14 and a beta of 0.83. Vanguard Value ETF has a fifty-two week low of $150.43 and a fifty-two week 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.