Absolute Capital Management LLC Raises Stock Position in Vanguard Value ETF $VTV

Absolute Capital Management LLC lifted its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 56.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,623 shares of the company’s stock after purchasing an additional 4,893 shares during the quarter. Vanguard Value ETF comprises about 1.1% of Absolute Capital Management LLC’s holdings, making the stock its 26th biggest holding. Absolute Capital Management LLC’s holdings in Vanguard Value ETF were worth $2,550,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its position in Vanguard Value ETF by 3.1% in the 2nd quarter. Bank of America Corp DE now owns 128,140,618 shares of the company’s stock valued at $22,647,573,000 after buying an additional 3,837,576 shares during the period. Vantagepoint Investment Advisers LLC raised its stake in shares of Vanguard Value ETF by 3,088.0% in the third quarter. Vantagepoint Investment Advisers LLC now owns 1,202,519 shares of the company’s stock valued at $224,258,000 after acquiring an additional 1,164,799 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of Vanguard Value ETF by 368.0% in the second quarter. Alliancebernstein L.P. now owns 1,278,563 shares of the company’s stock valued at $225,973,000 after acquiring an additional 1,005,350 shares in the last quarter. Brandes Investment Partners LP boosted its holdings in Vanguard Value ETF by 46,191.3% in the second quarter. Brandes Investment Partners LP now owns 850,835 shares of the company’s stock valued at $150,377,000 after purchasing an additional 848,997 shares during the period. Finally, Citigroup Inc. grew its stake in Vanguard Value ETF by 48.8% during the 2nd quarter. Citigroup Inc. now owns 2,246,630 shares of the company’s stock worth $397,069,000 after purchasing an additional 736,741 shares in the last quarter.

Vanguard Value ETF Price Performance

Shares of NYSEARCA VTV opened at $198.29 on Thursday. The company has a market cap of $163.65 billion, a price-to-earnings ratio of 18.14 and a beta of 0.82. The stock’s 50-day moving average is $192.89 and its two-hundred day moving average is $186.68. Vanguard Value ETF has a 1-year low of $150.43 and a 1-year high of $199.67.

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.