Forte Capital LLC ADV Cuts Stake in Vanguard Value ETF (NYSEARCA:VTV)

Forte Capital LLC ADV cut its position in Vanguard Value ETF (NYSEARCA:VTV) by 7.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 196,188 shares of the company’s stock after selling 15,001 shares during the quarter. Vanguard Value ETF accounts for 4.0% of Forte Capital LLC ADV’s portfolio, making the stock its 3rd biggest holding. Forte Capital LLC ADV’s holdings in Vanguard Value ETF were worth $29,330,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. TIAA Trust National Association purchased a new stake in Vanguard Value ETF in the 3rd quarter valued at $761,205,000. Charles Schwab Investment Management Inc. bought a new stake in shares of Vanguard Value ETF in the 3rd quarter worth $394,858,000. EP Wealth Advisors LLC raised its holdings in shares of Vanguard Value ETF by 3,419.2% in the third quarter. EP Wealth Advisors LLC now owns 2,392,839 shares of the company’s stock valued at $330,044,000 after purchasing an additional 2,324,846 shares during the last quarter. Avantax Advisory Services Inc. raised its holdings in shares of Vanguard Value ETF by 464.1% in the third quarter. Avantax Advisory Services Inc. now owns 2,054,484 shares of the company’s stock valued at $283,375,000 after purchasing an additional 1,690,253 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of Vanguard Value ETF during the fourth quarter valued at about $250,488,000.

Vanguard Value ETF Stock Up 0.6 %

VTV stock traded up $0.91 during trading on Friday, reaching $157.76. The stock had a trading volume of 1,830,879 shares, compared to its average volume of 2,411,457. The company has a market capitalization of $112.51 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70. Vanguard Value ETF has a one year low of $131.42 and a one year high of $163.30. The company’s 50 day moving average is $158.43 and its two-hundred day moving average is $150.13.

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.