Summit Wealth & Retirement Planning Inc. Grows Position in Vanguard Value ETF $VTV

Summit Wealth & Retirement Planning Inc. raised its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 66.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,439 shares of the company’s stock after acquiring an additional 4,946 shares during the quarter. Vanguard Value ETF accounts for about 0.6% of Summit Wealth & Retirement Planning Inc.’s holdings, making the stock its 25th biggest position. Summit Wealth & Retirement Planning Inc.’s holdings in Vanguard Value ETF were worth $2,198,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wilmington Savings Fund Society FSB boosted its position in shares of Vanguard Value ETF by 18.3% in the second quarter. Wilmington Savings Fund Society FSB now owns 59,058 shares of the company’s stock worth $10,438,000 after acquiring an additional 9,135 shares during the last quarter. Leeward Financial Partners LLC raised its stake in Vanguard Value ETF by 1.0% during the first quarter. Leeward Financial Partners LLC now owns 79,788 shares of the company’s stock worth $13,783,000 after purchasing an additional 789 shares during the period. Allspring Global Investments Holdings LLC raised its stake in Vanguard Value ETF by 402.1% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,426 shares of the company’s stock worth $246,000 after purchasing an additional 1,142 shares during the period. Modera Wealth Management LLC boosted its holdings in shares of Vanguard Value ETF by 1.9% in the 1st quarter. Modera Wealth Management LLC now owns 1,662,744 shares of the company’s stock valued at $287,222,000 after purchasing an additional 31,687 shares during the last quarter. Finally, Bridges Investment Management Inc. grew its stake in shares of Vanguard Value ETF by 1.4% during the 2nd quarter. Bridges Investment Management Inc. now owns 11,679 shares of the company’s stock valued at $2,064,000 after buying an additional 159 shares during the period.

Vanguard Value ETF Stock Up 0.6%

VTV stock opened at $186.16 on Friday. The company has a market cap of $148.92 billion, a price-to-earnings ratio of 18.14 and a beta of 0.82. The business has a fifty day simple moving average of $185.50 and a 200-day simple moving average of $178.52. Vanguard Value ETF has a 52 week low of $150.43 and a 52 week high of $188.85.

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.