Raymond James Financial Services Advisors Inc. Acquires 188,303 Shares of Vanguard Value ETF (NYSEARCA:VTV)

Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 5.0% in the first quarter, HoldingsChannel reports. The institutional investor owned 3,990,474 shares of the company’s stock after buying an additional 188,303 shares during the period. Vanguard Value ETF makes up about 1.0% of Raymond James Financial Services Advisors Inc.’s holdings, making the stock its 11th largest holding. Raymond James Financial Services Advisors Inc.’s holdings in Vanguard Value ETF were worth $649,889,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Jones Financial Companies Lllp raised its position in Vanguard Value ETF by 1.1% during the third quarter. Jones Financial Companies Lllp now owns 53,699,589 shares of the company’s stock worth $7,406,784,000 after acquiring an additional 583,028 shares in the last quarter. Betterment LLC increased its stake in shares of Vanguard Value ETF by 1.9% during the 3rd quarter. Betterment LLC now owns 12,721,775 shares of the company’s stock worth $1,754,714,000 after purchasing an additional 231,256 shares during the last quarter. UBS Group AG raised its holdings in shares of Vanguard Value ETF by 0.9% in the 4th quarter. UBS Group AG now owns 12,453,226 shares of the company’s stock valued at $1,861,757,000 after purchasing an additional 116,492 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Value ETF by 1.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,423,766 shares of the company’s stock valued at $1,161,270,000 after purchasing an additional 119,948 shares during the period. Finally, LPL Financial LLC lifted its stake in Vanguard Value ETF by 7.1% in the 3rd quarter. LPL Financial LLC now owns 8,306,355 shares of the company’s stock valued at $1,145,695,000 after purchasing an additional 549,925 shares during the last quarter.

Vanguard Value ETF Stock Performance

Vanguard Value ETF stock traded down $2.03 during midday trading on Tuesday, reaching $156.49. 1,893,130 shares of the company’s stock were exchanged, compared to its average volume of 2,416,869. The stock’s 50-day simple moving average is $158.33 and its 200 day simple moving average is $149.90. The firm has a market cap of $111.61 billion, a price-to-earnings ratio of 17.38 and a beta of 0.73. Vanguard Value ETF has a 52 week low of $131.42 and a 52 week high of $163.30.

About Vanguard Value ETF

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.