FineMark National Bank & Trust Raises Stake in Vanguard Value ETF (NYSEARCA:VTV)

FineMark National Bank & Trust boosted its stake in Vanguard Value ETF (NYSEARCA:VTV – Free Report ) by 14.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,611 shares of the company’s stock after acquiring an additional 585 shares during the period. FineMark National Bank & Trust’s holdings in Vanguard Value ETF were worth $740,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTV. Cetera Investment Advisers boosted its position in Vanguard Value ETF by 179.7% in the first quarter. Cetera Investment Advisers now owns 2,185,380 shares of the company’s stock worth $355,911,000 after purchasing an additional 1,404,141 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Vanguard Value ETF by 19.0% in the first quarter. Bank of New York Mellon Corp now owns 4,528,242 shares of the company’s stock valued at $737,470,000 after buying an additional 722,159 shares during the period. Chan Zuckerberg Initiative LLC purchased a new position in shares of Vanguard Value ETF during the fourth quarter valued at about $89,575,000. Simplicity Wealth LLC purchased a new position in shares of Vanguard Value ETF in the first quarter valued at about $91,839,000. Finally, Midland Wealth Advisors LLC purchased a new position in shares of Vanguard Value ETF during the fourth quarter valued at about $84,045,000.

Vanguard Value ETF Price Performance

Shares of NYSEARCA:VTV opened at $169.59 on Friday. Vanguard Value ETF has a one year low of $131.42 and a one year high of $172.98. The company has a 50 day simple moving average of $165.66 and a two hundred day simple moving average of $161.52. The firm has a market cap of $120.95 billion, a PE ratio of 17.44 and a beta of 0.70.

Vanguard Value ETF Profile

(Free report)

Vanguard Value ETF (the Fund) is an exchange-traded share class of the Vanguard Value Index Fund that uses a passively managed or index investment approach designed to track the performance of the MSCI US Prime Market Value Index (the Index). The index is a diversified index of the value stocks of predominantly large companies in the United States.

Further reading

Want to see what other hedge funds own VTV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Value ETF (NYSEARCA:VTV – Free Report).

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