New Wave Wealth Advisors LLC Sells 1,790 Shares of Vanguard Value ETF (NYSEARCA:VTV)

New Wave Wealth Advisors LLC lowered its stake in shares of Vanguard Value ETF (NYSEARCA:VTV) by 18.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,073 shares of the company’s stock after selling 1,790 shares during the quarter. New Wave Wealth Advisors LLC’s holdings in Vanguard Value ETF were worth $1,367,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. BTC Capital Management Inc. grew its holdings in shares of Vanguard Value ETF by 2.1% in the fourth quarter. BTC Capital Management Inc. now owns 59,679 shares of the company’s stock valued at $10,057,000 after purchasing an additional 1,227 shares in the last quarter. Hamilton Point Investment Advisors LLC grew its position in Vanguard Value ETF by 7.5% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 3,655 shares of the company’s stock worth $619,000 after acquiring an additional 255 shares in the last quarter. Alta Wealth Advisors LLC increased its stake in Vanguard Value ETF by 0.9% during the fourth quarter. Alta Wealth Advisors LLC now owns 12,040 shares of the company’s stock worth $2,038,000 after acquiring an additional 110 shares during the last quarter. Arcadia Wealth Management LLC lifted its stake in shares of Vanguard Value ETF by 3.0% in the 4th quarter. Arcadia Wealth Management LLC now owns 124,788 shares of the company’s stock valued at $21,127,000 after purchasing an additional 3,628 shares during the last quarter. Finally, Narus Financial Partners LLC increased its position in shares of Vanguard Value ETF by 2.0% during the 4th quarter. Narus Financial Partners LLC now owns 13,862 shares of the company’s stock valued at $2,347,000 after purchasing an additional 266 shares during the last quarter.

Vanguard Value ETF Stock Up 1.0 %

VTV stock opened at $177.77 on Friday. The firm’s fifty day simple moving average is $174.35 and its two-hundred day simple moving average is $172.42. The stock has a market capitalization of $126.78 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a twelve month low of $150.24 and a twelve month 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.