SVB Wealth LLC Sells 3,582 Shares of Vanguard Value ETF (NYSEARCA:VTV)

SVB Wealth LLC reduced its position in shares of Vanguard Value ETF (NYSEARCA:VTV) by 35.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,556 shares of the company’s stock after selling 3,582 shares during the quarter. SVB Wealth LLC’s holdings in Vanguard Value ETF were worth $1,068,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VTV. International Assets Investment Management LLC purchased a new position in Vanguard Value ETF during the fourth quarter valued at approximately $250,488,000. Bank of New York Mellon Corp grew its position in shares of Vanguard Value ETF by 19.0% during the first quarter. Bank of New York Mellon Corp now owns 4,528,242 shares of the company’s stock worth $737,470,000 after purchasing an additional 722,159 shares in the last quarter. Chan Zuckerberg Initiative LLC bought a new stake in Vanguard Value ETF during the 4th quarter valued at approximately $89,575,000. Simplicity Wealth LLC purchased a new position in Vanguard Value ETF in the 1st quarter worth approximately $91,839,000. Finally, Midland Wealth Advisors LLC bought a new position in Vanguard Value ETF in the 4th quarter worth approximately $84,045,000.

Vanguard Value ETF Stock Performance

Shares of Vanguard Value ETF stock traded up $0.56 on Tuesday, hitting $167.22. 771,607 shares of the company traded hands, compared to its average volume of 2,107,430. Vanguard Value ETF has a 52 week low of $131.42 and a 52 week high of $168.67. The business has a 50-day simple moving average of $162.05 and a 200 day simple moving average of $158.45. The stock has a market capitalization of $119.26 billion, a P/E ratio of 17.44 and a beta of 0.70.

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.