Riggs Asset Managment Co. Inc. Purchases 150 Shares of Vanguard Value ETF (NYSEARCA:VTV)

Riggs Asset Managment Co. Inc. lifted its position in Vanguard Value ETF (NYSEARCA:VTV) by 47.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 465 shares of the company’s stock after acquiring an additional 150 shares during the quarter. Riggs Asset Managment Co. Inc.’s holdings in Vanguard Value ETF were worth $80,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its stake in shares of 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 acquiring an additional 1,952,615 shares in the last quarter. Envestnet Asset Management Inc. grew 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 worth $3,404,010,000 after acquiring an additional 311,671 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Vanguard Value ETF by 6.3% in the 4th quarter. Ameriprise Financial Inc. now owns 10,151,994 shares of the company’s stock worth $1,719,223,000 after acquiring an additional 601,539 shares in the last quarter. LPL Financial LLC grew its stake in shares of Vanguard Value ETF by 1.6% in the 4th quarter. LPL Financial LLC now owns 9,542,614 shares of the company’s stock worth $1,615,565,000 after acquiring an additional 154,064 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Vanguard Value ETF by 14.4% in the 4th quarter. Wells Fargo & Company MN now owns 7,177,299 shares of the company’s stock worth $1,215,117,000 after acquiring an additional 901,037 shares in the last quarter.

Vanguard Value ETF Price Performance

NYSEARCA VTV opened at $179.63 on Friday. Vanguard Value ETF has a 1 year low of $150.43 and a 1 year high of $182.38. The firm has a market cap of $140.71 billion, a price-to-earnings ratio of 18.14 and a beta of 0.89. The company has a fifty day moving average price of $172.04 and a 200-day moving average price of $171.50.

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.