Beacon Pointe Advisors LLC Has $161.07 Million Stock Position in Vanguard Value ETF $VTV

Beacon Pointe Advisors LLC raised its position in Vanguard Value ETF (NYSEARCA:VTV) by 5.3% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 911,360 shares of the company’s stock after buying an additional 46,233 shares during the period. Vanguard Value ETF comprises approximately 1.7% of Beacon Pointe Advisors LLC’s holdings, making the stock its 8th largest holding. Beacon Pointe Advisors LLC owned about 0.12% of Vanguard Value ETF worth $161,074,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VTV. Activest Wealth Management increased its position in Vanguard Value ETF by 2,700.0% in the second quarter. Activest Wealth Management now owns 140 shares of the company’s stock worth $25,000 after purchasing an additional 135 shares during the period. Kiker Wealth Management LLC acquired a new position in Vanguard Value ETF during the 2nd quarter valued at about $28,000. Legend Financial Advisors Inc. bought a new position in shares of Vanguard Value ETF in the 2nd quarter valued at about $31,000. Colonial Trust Advisors bought a new position in shares of Vanguard Value ETF in the 1st quarter valued at about $32,000. Finally, Joseph Group Capital Management acquired a new stake in shares of Vanguard Value ETF during the 2nd quarter worth approximately $32,000.

Vanguard Value ETF Price Performance

Shares of NYSEARCA VTV opened at $189.15 on Tuesday. Vanguard Value ETF has a fifty-two week low of $150.43 and a fifty-two week high of $190.73. The firm has a market capitalization of $151.31 billion, a P/E ratio of 18.14 and a beta of 0.82. The company’s 50 day simple moving average is $186.49 and its 200 day simple moving average is $180.92.

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.