Mainsail Asset Management LLC Grows Stock Position in Vanguard Value ETF $VTV

Mainsail Asset Management LLC lifted its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 1.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 200,977 shares of the company’s stock after purchasing an additional 3,072 shares during the quarter. Vanguard Value ETF accounts for about 22.0% of Mainsail Asset Management LLC’s holdings, making the stock its 2nd largest position. Mainsail Asset Management LLC’s holdings in Vanguard Value ETF were worth $35,521,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jones Financial Companies Lllp grew its position in Vanguard Value ETF by 0.4% during the first quarter. Jones Financial Companies Lllp now owns 54,080,352 shares of the company’s stock worth $9,238,953,000 after buying an additional 222,265 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Value ETF by 0.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 20,213,786 shares of the company’s stock worth $3,491,729,000 after purchasing an additional 107,405 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Vanguard Value ETF by 5.2% in the 1st quarter. Ameriprise Financial Inc. now owns 10,683,062 shares of the company’s stock worth $1,848,259,000 after purchasing an additional 531,068 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Vanguard Value ETF by 4.6% in the 1st quarter. LPL Financial LLC now owns 9,985,009 shares of the company’s stock worth $1,724,810,000 after purchasing an additional 442,395 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of Vanguard Value ETF by 0.9% in the 1st quarter. Raymond James Financial Inc. now owns 7,683,731 shares of the company’s stock worth $1,327,288,000 after purchasing an additional 70,549 shares in the last quarter.

Vanguard Value ETF Trading Down 0.1%

VTV opened at $187.16 on Wednesday. The stock has a 50-day moving average price of $182.67 and a 200-day moving average price of $175.13. Vanguard Value ETF has a 12-month low of $150.43 and a 12-month high of $188.43. The stock has a market capitalization of $149.72 billion, a P/E ratio of 18.14 and a beta of 0.89.

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.