Vanguard Value ETF (NYSEARCA:VTV) is Richardson Financial Services Inc.’s 2nd Largest Position

Richardson Financial Services Inc. boosted its holdings in shares of Vanguard Value ETF (NYSEARCA:VTV) by 23.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,300 shares of the company’s stock after purchasing an additional 8,825 shares during the quarter. Vanguard Value ETF comprises about 4.7% of Richardson Financial Services Inc.’s investment portfolio, making the stock its 2nd largest position. Richardson Financial Services Inc.’s holdings in Vanguard Value ETF were worth $7,552,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Christopher J. Hasenberg Inc bought a new stake in shares of Vanguard Value ETF during the 3rd quarter worth approximately $26,000. Optimum Investment Advisors bought a new position in Vanguard Value ETF in the second quarter worth about $28,000. Innealta Capital LLC purchased a new stake in shares of Vanguard Value ETF during the second quarter valued at about $28,000. St. Johns Investment Management Company LLC bought a new stake in shares of Vanguard Value ETF in the 3rd quarter valued at about $28,000. Finally, Eagle Bay Advisors LLC purchased a new position in shares of Vanguard Value ETF in the 1st quarter worth approximately $30,000.

Vanguard Value ETF Trading Down 0.7 %

Shares of VTV traded down $1.23 during midday trading on Friday, hitting $173.63. 1,187,558 shares of the company’s stock traded hands, compared to its average volume of 1,984,395. The stock has a market capitalization of $123.83 billion, a price-to-earnings ratio of 17.44 and a beta of 0.70. The firm’s fifty day moving average is $172.87 and its 200-day moving average is $165.36. Vanguard Value ETF has a 1 year low of $131.42 and a 1 year high of $178.18.

Vanguard Value ETF 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.