Payne Capital Management LLC Has $13.47 Million Position in Vanguard Value ETF $VTV

Payne Capital Management LLC increased its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 20.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,246 shares of the company’s stock after buying an additional 12,321 shares during the period. Vanguard Value ETF accounts for approximately 4.3% of Payne Capital Management LLC’s holdings, making the stock its 10th biggest holding. Payne Capital Management LLC’s holdings in Vanguard Value ETF were worth $13,473,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Provenance Wealth Advisors LLC bought a new position in shares of Vanguard Value ETF in the third quarter worth about $26,000. Chesapeake Asset Management LLC lifted its position in shares of Vanguard Value ETF by 3,625.0% during the third quarter. Chesapeake Asset Management LLC now owns 149 shares of the company’s stock worth $28,000 after purchasing an additional 145 shares in the last quarter. American Wealth Advisors LLC bought a new stake in shares of Vanguard Value ETF during the third quarter valued at approximately $35,000. Palisade Asset Management LLC bought a new stake in shares of Vanguard Value ETF during the third quarter valued at approximately $36,000. Finally, United Community Bank increased its holdings in shares of Vanguard Value ETF by 166.7% in the third quarter. United Community Bank now owns 200 shares of the company’s stock valued at $37,000 after purchasing an additional 125 shares in the last quarter.

Vanguard Value ETF Price Performance

VTV stock opened at $196.75 on Thursday. The company has a 50 day moving average price of $201.60 and a 200 day moving average price of $192.51. Vanguard Value ETF has a fifty-two week low of $150.43 and a fifty-two week high of $208.20. The stock has a market capitalization of $162.38 billion, a PE ratio of 18.14 and a beta of 0.82.

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. 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.