Pinnacle Wealth Management Group Inc. Takes $202,000 Position in Vanguard Value ETF $VTV

Pinnacle Wealth Management Group Inc. purchased a new position in shares of Vanguard Value ETF (NYSEARCA:VTV) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 1,145 shares of the company’s stock, valued at approximately $202,000.

Several other institutional investors have also added to or reduced their stakes in VTV. Activest Wealth Management lifted its holdings in shares of Vanguard Value ETF by 2,700.0% in the second quarter. Activest Wealth Management now owns 140 shares of the company’s stock worth $25,000 after acquiring an additional 135 shares during the last quarter. Kiker Wealth Management LLC acquired a new position in Vanguard Value ETF during the 2nd quarter worth approximately $28,000. Legend Financial Advisors Inc. bought a new position in Vanguard Value ETF in the 2nd quarter valued at approximately $31,000. Colonial Trust Advisors acquired a new stake in Vanguard Value ETF in the first quarter valued at approximately $32,000. Finally, Berkshire Money Management Inc. bought a new stake in shares of Vanguard Value ETF during the second quarter worth $33,000.

Vanguard Value ETF Stock Performance

Shares of NYSEARCA:VTV opened at $188.13 on Friday. Vanguard Value ETF has a 52-week low of $150.43 and a 52-week high of $188.64. The company has a market capitalization of $150.49 billion, a PE ratio of 18.14 and a beta of 0.89. The company has a fifty day moving average of $184.74 and a 200-day moving average of $176.69.

Vanguard Value ETF Company 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.