Mainsail Asset Management LLC Lowers Stake in Vanguard Value ETF (NYSEARCA:VTV)

Mainsail Asset Management LLC trimmed its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 1.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 177,025 shares of the company’s stock after selling 1,866 shares during the quarter. Vanguard Value ETF accounts for approximately 22.9% of Mainsail Asset Management LLC’s portfolio, making the stock its 2nd biggest holding. Mainsail Asset Management LLC’s holdings in Vanguard Value ETF were worth $30,903,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Fisher Asset Management LLC lifted its position in shares of Vanguard Value ETF by 17.8% during the 4th quarter. Fisher Asset Management LLC now owns 7,682 shares of the company’s stock valued at $1,149,000 after buying an additional 1,159 shares in the last quarter. Massmutual Trust Co. FSB ADV raised its stake in Vanguard Value ETF by 227.1% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 808 shares of the company’s stock worth $132,000 after acquiring an additional 561 shares during the period. Banque Cantonale Vaudoise purchased a new position in Vanguard Value ETF during the first quarter valued at approximately $223,000. Cooper Financial Group boosted its position in shares of Vanguard Value ETF by 14.3% in the first quarter. Cooper Financial Group now owns 1,788 shares of the company’s stock worth $291,000 after purchasing an additional 224 shares during the period. Finally, Anderson Hoagland & Co. bought a new position in shares of Vanguard Value ETF in the first quarter worth approximately $267,000.

Vanguard Value ETF Price Performance

Shares of VTV stock opened at $177.82 on Friday. Vanguard Value ETF has a one year low of $131.42 and a one year high of $178.18. The company’s fifty day moving average price is $171.89 and its 200-day moving average price is $164.85. The company has a market capitalization of $126.82 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70.

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.