Level Wealth Management LLC Grows Position in Vanguard Value ETF $VTV

Level Wealth Management LLC lifted its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 38.9% during the 1st quarter, HoldingsChannel reports. The firm owned 9,110 shares of the company’s stock after acquiring an additional 2,550 shares during the period. Vanguard Value ETF accounts for about 0.8% of Level Wealth Management LLC’s investment portfolio, making the stock its 19th biggest holding. Level Wealth Management LLC’s holdings in Vanguard Value ETF were worth $1,787,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Dorato Capital Management bought a new stake in shares of Vanguard Value ETF during the 4th quarter valued at $25,000. Godsey & Gibb Inc. bought a new position in shares of Vanguard Value ETF in the 4th quarter worth about $26,000. CNB Bank purchased a new position in Vanguard Value ETF during the 4th quarter valued at about $29,000. Independence Bank of Kentucky purchased a new position in Vanguard Value ETF during the 4th quarter valued at about $29,000. Finally, Rexford Capital Inc. boosted its stake in Vanguard Value ETF by 124.6% during the first quarter. Rexford Capital Inc. now owns 155 shares of the company’s stock worth $30,000 after acquiring an additional 86 shares in the last quarter.

Vanguard Value ETF Price Performance

NYSEARCA:VTV opened at $219.17 on Friday. The firm has a market capitalization of $185.21 billion, a P/E ratio of 18.14 and a beta of 0.75. Vanguard Value ETF has a one year low of $174.35 and a one year high of $222.15. The company’s 50-day simple moving average is $211.99 and its 200 day simple moving average is $203.65.

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.