Concurrent Investment Advisors LLC Raises Position in Vanguard Value ETF (NYSEARCA:VTV)

Concurrent Investment Advisors LLC lifted its stake in Vanguard Value ETF (NYSEARCA:VTV) by 5.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 248,959 shares of the company’s stock after acquiring an additional 13,352 shares during the quarter. Vanguard Value ETF comprises approximately 1.0% of Concurrent Investment Advisors LLC’s portfolio, making the stock its 11th largest position. Concurrent Investment Advisors LLC’s holdings in Vanguard Value ETF were worth $43,005,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. OLD Point Trust & Financial Services N A purchased a new position in Vanguard Value ETF in the fourth quarter valued at about $27,000. Rakuten Securities Inc. boosted its holdings in Vanguard Value ETF by 65.6% in the fourth quarter. Rakuten Securities Inc. now owns 202 shares of the company’s stock valued at $34,000 after purchasing an additional 80 shares during the last quarter. Mpwm Advisory Solutions LLC purchased a new position in Vanguard Value ETF in the fourth quarter valued at about $35,000. Capital A Wealth Management LLC purchased a new position in Vanguard Value ETF in the fourth quarter valued at about $35,000. Finally, Kessler Investment Group LLC purchased a new position in Vanguard Value ETF in the first quarter valued at about $40,000.

Vanguard Value ETF Stock Performance

Shares of VTV opened at $179.63 on Friday. The company has a market capitalization of $140.71 billion, a P/E ratio of 18.14 and a beta of 0.89. Vanguard Value ETF has a one year low of $150.43 and a one year high of $182.38. The stock has a 50-day moving average price of $172.04 and a 200 day moving average price of $171.48.

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.