Zhang Financial LLC trimmed its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 2.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,286 shares of the company’s stock after selling 684 shares during the period. Vanguard Value ETF comprises approximately 1.1% of Zhang Financial LLC’s investment portfolio, making the stock its 17th largest holding. Zhang Financial LLC’s holdings in Vanguard Value ETF were worth $2,694,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brand Asset Management Group Inc. raised its stake in shares of Vanguard Value ETF by 61.4% during the 1st quarter. Brand Asset Management Group Inc. now owns 255 shares of the company’s stock worth $27,000 after purchasing an additional 97 shares during the period. Contravisory Investment Management Inc. bought a new stake in shares of Vanguard Value ETF during the 1st quarter worth $30,000. Belvedere Advisors LLC bought a new stake in shares of Vanguard Value ETF during the 1st quarter worth $55,000. Citizens Financial Group Inc RI bought a new stake in shares of Vanguard Value ETF during the 1st quarter worth $58,000. Finally, Front Row Advisors LLC bought a new stake in shares of Vanguard Value ETF during the 1st quarter worth $58,000.
Shares of NYSEARCA VTV traded down $0.60 during mid-day trading on Friday, reaching $110.00. 1,430,291 shares of the company’s stock were exchanged, compared to its average volume of 1,542,776. Vanguard Value ETF has a 52 week low of $91.62 and a 52 week high of $113.49. The stock has a 50-day moving average price of $111.82.
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.
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