Foundations Investment Advisors LLC Reduces Stake in Vanguard Value ETF
Foundations Investment Advisors LLC has lowered its investment in the Vanguard Value ETF (NYSEARCA:VTV – Free Report) by 13.9% during the third quarter. This reduction is outlined in their latest Form 13F filing with the Securities and Exchange Commission. After selling 4,080 shares during this period, the fund now holds a total of 25,214 shares. The value of Foundations Investment Advisors LLC's holdings in the Vanguard Value ETF was reported to be $4,402,000 at the time of this filing.
In addition to Foundations Investment Advisors, several other institutional investors have also made changes to their positions in the Vanguard Value ETF. For instance, Christopher J. Hasenberg Inc started a new investment in VTV during the third quarter, valued at approximately $26,000. Similarly, Optimum Investment Advisors and Innealta Capital LLC both acquired new stakes in the second quarter, with an investment of around $28,000 each. Eagle Bay Advisors LLC also established a position in the first quarter, worth $30,000. Lastly, MeadowBrook Investment Advisors LLC significantly increased its stake by 111.1% in the second quarter, owning 190 shares valued at $30,000 after adding an additional 100 shares during the previous quarter.
Current Trading of Vanguard Value ETF
As of Wednesday, the Vanguard Value ETF was trading at $175.84, reflecting a decrease of 0.2%. The ETF has experienced a 12-month low of $131.42 and a peak of $178.18 within the same timeframe. Its market capitalization stands at $125.41 billion, and it has a price-to-earnings (P/E) ratio of 17.44, with a beta of 0.70. The 50-day moving average price for VTV is $172.39, while the 200-day moving average price is $165.10.
Overview of Vanguard Value ETF
The Vanguard Value ETF is an exchange-traded fund that is part of the Vanguard Value Index Fund. This fund utilizes a passive management strategy that aims to replicate the performance of the MSCI US Prime Market Value Index. This index comprises a diverse range of value stocks, primarily from large companies based in the United States.
Additional Resources
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