Approach Retirement Advisors LLC Purchases New Position in Vanguard Value ETF $VTV

Approach Retirement Advisors LLC purchased a new stake in Vanguard Value ETF (NYSEARCA:VTV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,632 shares of the company’s stock, valued at approximately $1,076,000. Vanguard Value ETF makes up 0.9% of Approach Retirement Advisors LLC’s investment portfolio, making the stock its 25th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of VTV. Dorato Capital Management purchased a new position in shares of Vanguard Value ETF in the 4th quarter valued at about $25,000. Provenance Wealth Advisors LLC purchased a new position in shares of Vanguard Value ETF in the 3rd quarter valued at about $26,000. Godsey & Gibb Inc. purchased a new position in shares of Vanguard Value ETF in the 4th quarter valued at about $26,000. Chesapeake Asset Management LLC increased its stake in shares of Vanguard Value ETF by 3,625.0% in the 3rd quarter. Chesapeake Asset Management LLC now owns 149 shares of the company’s stock valued at $28,000 after purchasing an additional 145 shares in the last quarter. Finally, Independence Bank of Kentucky purchased a new stake in Vanguard Value ETF during the 4th quarter worth approximately $29,000.

Vanguard Value ETF Trading Down 0.3%

NYSEARCA:VTV opened at $203.53 on Friday. Vanguard Value ETF has a 12 month low of $163.34 and a 12 month high of $208.20. The stock has a 50 day moving average of $201.12 and a two-hundred day moving average of $195.18. The firm has a market cap of $169.84 billion, a P/E ratio of 18.14 and a beta of 0.77.

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.