Cannon Financial Strategists Inc. Makes New $938,000 Investment in Vanguard Value ETF (NYSEARCA:VTV)

Cannon Financial Strategists Inc. purchased a new position in Vanguard Value ETF (NYSEARCA:VTV) during the second quarter, HoldingsChannel.com reports. The fund purchased 5,850 shares of the company’s stock, valued at approximately $938,000.

A number of other large investors have also added to or reduced their stakes in the company. Innealta Capital LLC bought a new stake in shares of Vanguard Value ETF during the 2nd quarter valued at about $28,000. Optimum Investment Advisors purchased a new position in shares of Vanguard Value ETF during the second quarter valued at approximately $28,000. Eagle Bay Advisors LLC bought a new stake in Vanguard Value ETF during the first quarter valued at approximately $30,000. MeadowBrook Investment Advisors LLC boosted its position in shares of Vanguard Value ETF by 111.1% in 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. Finally, Briaud Financial Planning Inc purchased a new position in shares of Vanguard Value ETF in the second quarter worth $32,000.

Vanguard Value ETF Stock Down 0.2 %

Vanguard Value ETF stock opened at $174.14 on Wednesday. The company has a market cap of $124.19 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70. The firm’s fifty day moving average is $168.97 and its 200 day moving average is $163.55. Vanguard Value ETF has a 52-week low of $131.42 and a 52-week high of $174.92.

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.