Bridges Investment Management Inc. Takes Position in Vanguard Value ETF (NYSEARCA:VTV)

Bridges Investment Management Inc. acquired a new position in shares of Vanguard Value ETF (NYSEARCA:VTV) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,067 shares of the company’s stock, valued at approximately $1,775,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Optimum Investment Advisors acquired a new position in shares of Vanguard Value ETF in the 2nd quarter valued at $28,000. Innealta Capital LLC bought a new position in Vanguard Value ETF during the second quarter worth about $28,000. Vima LLC acquired a new position in Vanguard Value ETF in the fourth quarter valued at about $30,000. Eagle Bay Advisors LLC bought a new stake in shares of Vanguard Value ETF in the first quarter worth about $30,000. Finally, MeadowBrook Investment Advisors LLC raised its position in shares of Vanguard Value ETF by 111.1% during the second quarter. MeadowBrook Investment Advisors LLC now owns 190 shares of the company’s stock worth $30,000 after purchasing an additional 100 shares during the period.

Vanguard Value ETF Price Performance

NYSEARCA:VTV opened at $173.69 on Friday. The business’s 50-day simple moving average is $167.86 and its 200-day simple moving average is $162.72. Vanguard Value ETF has a fifty-two week low of $131.42 and a fifty-two week high of $174.42. The stock has a market capitalization of $123.87 billion, a PE 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.