Oak Root LLC Trims Stake in Vanguard Value ETF $VTV

Oak Root LLC lessened its holdings in Vanguard Value ETF (NYSEARCA:VTV) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 116,982 shares of the company’s stock after selling 3,228 shares during the quarter. Vanguard Value ETF makes up about 2.7% of Oak Root LLC’s investment portfolio, making the stock its 7th largest holding. Oak Root LLC’s holdings in Vanguard Value ETF were worth $22,342,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its position in shares of Vanguard Value ETF by 4.4% in the 3rd quarter. Bank of America Corp DE now owns 133,808,505 shares of the company’s stock worth $24,953,948,000 after buying an additional 5,667,887 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Vanguard Value ETF by 3.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 53,966,784 shares of the company’s stock valued at $10,068,563,000 after buying an additional 1,684,472 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Vanguard Value ETF by 5.3% during the third quarter. Envestnet Asset Management Inc. now owns 21,895,965 shares of the company’s stock worth $4,083,379,000 after acquiring an additional 1,103,718 shares during the period. Ameriprise Financial Inc. raised its stake in Vanguard Value ETF by 4.5% during the third quarter. Ameriprise Financial Inc. now owns 11,112,521 shares of the company’s stock worth $2,072,160,000 after acquiring an additional 479,866 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in Vanguard Value ETF by 6.4% in the third quarter. Raymond James Financial Inc. now owns 7,922,686 shares of the company’s stock worth $1,477,502,000 after acquiring an additional 476,101 shares during the last quarter.

Vanguard Value ETF Stock Up 0.2%

Shares of VTV stock opened at $196.99 on Friday. The business has a 50 day moving average of $201.25 and a two-hundred day moving average of $193.41. Vanguard Value ETF has a 52 week low of $150.43 and a 52 week high of $208.20. The company has a market cap of $162.58 billion, a P/E 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.