7,613,182 Shares in Vanguard Value ETF (NYSEARCA:VTV) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in shares of Vanguard Value ETF (NYSEARCA:VTV) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 7,613,182 shares of the company’s stock, valued at approximately $1,288,912,000. Vanguard Value ETF accounts for approximately 0.5% of Raymond James Financial Inc.’s portfolio, making the stock its 29th largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Promus Capital LLC acquired a new stake in Vanguard Value ETF during the 4th quarter worth approximately $172,000. M&T Bank Corp increased its position in Vanguard Value ETF by 6.2% during the 4th quarter. M&T Bank Corp now owns 275,854 shares of the company’s stock worth $46,702,000 after purchasing an additional 16,199 shares in the last quarter. Assetmark Inc. increased its position in Vanguard Value ETF by 1.0% during the 4th quarter. Assetmark Inc. now owns 1,655,467 shares of the company’s stock worth $280,271,000 after purchasing an additional 16,256 shares in the last quarter. NewSquare Capital LLC acquired a new stake in Vanguard Value ETF during the 4th quarter worth approximately $427,000. Finally, WoodTrust Financial Corp increased its position in Vanguard Value ETF by 9.3% during the 4th quarter. WoodTrust Financial Corp now owns 16,563 shares of the company’s stock worth $2,804,000 after purchasing an additional 1,407 shares in the last quarter.

Vanguard Value ETF Stock Performance

VTV opened at $174.38 on Thursday. The firm has a 50 day moving average price of $174.62 and a 200 day moving average price of $174.45. The company has a market cap of $272.03 billion, a PE ratio of 19.87 and a beta of 0.90. Vanguard Value ETF has a 1 year low of $154.12 and a 1 year high of $182.38.

Vanguard Value ETF 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.