Envestnet Asset Management Inc. Boosts Holdings in Vanguard Value ETF $VTV

Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 5.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 21,895,965 shares of the company’s stock after purchasing an additional 1,103,718 shares during the period. Vanguard Value ETF accounts for about 1.2% of Envestnet Asset Management Inc.’s investment portfolio, making the stock its 13th biggest holding. Envestnet Asset Management Inc.’s holdings in Vanguard Value ETF were worth $4,083,379,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Penserra Capital Management LLC boosted its position in Vanguard Value ETF by 11.3% in the 3rd quarter. Penserra Capital Management LLC now owns 247,792 shares of the company’s stock valued at $46,210,000 after buying an additional 25,189 shares during the period. Veltria Advisors Corp. raised its stake in shares of Vanguard Value ETF by 48.0% in the third quarter. Veltria Advisors Corp. now owns 5,388 shares of the company’s stock valued at $1,005,000 after acquiring an additional 1,748 shares in the last quarter. Cornerstone Advisors Asset Management LLC boosted its holdings in Vanguard Value ETF by 37.7% in the third quarter. Cornerstone Advisors Asset Management LLC now owns 4,349 shares of the company’s stock valued at $811,000 after purchasing an additional 1,191 shares during the period. Elm Partners Management LLC grew its stake in Vanguard Value ETF by 80.2% during the 3rd quarter. Elm Partners Management LLC now owns 114,943 shares of the company’s stock worth $21,436,000 after purchasing an additional 51,164 shares in the last quarter. Finally, Marshall Financial Group Inc. ADV grew its stake in Vanguard Value ETF by 0.6% during the 3rd quarter. Marshall Financial Group Inc. ADV now owns 102,828 shares of the company’s stock worth $19,176,000 after purchasing an additional 643 shares in the last quarter.

Vanguard Value ETF Price Performance

Shares of NYSEARCA VTV opened at $202.47 on Wednesday. The company has a market cap of $167.10 billion, a price-to-earnings ratio of 18.14 and a beta of 0.82. The stock’s 50-day moving average is $194.12 and its two-hundred day moving average is $187.40. Vanguard Value ETF has a 1-year low of $150.43 and a 1-year high of $203.17.

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. The Index represents the value companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of predominantly large-capitalization companies in the United States equity market.